HP Buys Stratavia

Wade Roush8/27/10

Palo Alto, CA-based Hewlett-Packard said today that it has acquired Stratavia, a Denver, CO, company that automates the deployment and maintenance of databases. Terms of the purchase were not revealed. The nine-year-old startup had raised $9.5 million in venture backing from Adams Street Partners, Asset Management Co. and Vista Ventures, according to a report in VentureWire.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.