Hewlett-Packard is to acquire storage software company PolyServe in a move aimed at boosting its presence in the enterprise-class network-attached storage (NAS) market.
HP has signed a definitive agreement to acquire the storage firm but did not disclose the terms of the transaction. PolyServe has 117 employees.
PolyServe's software allows users to consolidate information from file or database servers into a single, shared storage pool that can be expanded to match business demands, HP said.
PolyServe, founded in 1999, has been an HP partner for the last two years. Its software can run on HP's storage arrays and Proliant servers in Linux and Windows environments.
The acquisition also means HP can run PolyServe software on NAS blade servers. Blades are the fastest growing segment of the server industry.
HP came second to EMC in storage hardware revenues for the third quarter of 2006, according to figures from industry analyst IDC. HP held 17.6% of the worldwide market in the third quarter with sales of $760m (£380m), while EMC led with a 21.4% share on revenue of $927m (£463.5m).