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HP to Buy Cloud Company Previously Allied With Amazon

Hewlett-Packard Co. is buying cloud-computing software developer Eucalyptus Systems Inc. as Chief Executive Officer Meg Whitman embarks on new acquisitions to bolster the computer maker’s businesses.

Eucalyptus, founded in 2009, provides technology that lets companies store, process and deliver computing data via the Internet. The Goleta, California-based company has raised $55.5 million in three financing rounds. Hewlett-Packard is paying less than $100 million, according to a person with knowledge of the situation.