Oracle Acquires RightNow Technologies for $1.5 Billion Adds Leading Customer Service Cloud Offering to Oracle’s Public Cloud Redwood Shores, CA – October 24, 2011 - Oracle today announced that it has entered into an agreement to acquire RightNow Technologies, Inc. (NASDAQ: RNOW), a leading provider of cloud-based customer service, for $43.00 per share or approximately $1.5 billion net of RightNow’s cash and debt. RightNow’s Customer Service Cloud helps organizations deliver exceptional customer experiences across call centers, the web and social networks. Together, Oracle and RightNow can enable a superior customer experience at every contact and across every channel. The Board of
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Cloud Computing Startups Raise Big Money: UPDATE 1 Startups have always attracted pride of place on this website, and with many of them being created with astounding regularity and getting financing, this article is just the first of many updates that are sure to follow. You can read some other consolidated news articles on startups here: 1. Acquisitions of Cloud Computing Startups Speed Up 2. Cloud Computing Startups Raise Big Money Startups are no longer the domain of the young college graduate with ideas, especially in a field like cloud computing that builds on existing competencies in information technology. Consequently,
Toshiba Introduces Cloud-Based Backup Capabilities Toshiba’s Digital Products Division (DPD) has introduced its Canvio 3.0 portable hard disk drive (HDD) line featuring cloud-based backup capabilities and storage capacities of 500 gigabytes (GB), 750GB or one terabyte (TB). Equipped with pre-loaded backup software, the new Canvio 3.0 line comes with simple plug-and-play operation and is compatible with personal computers and other devices equipped with USB 3.0 or USB 2.0 ports. Toshiba has designed this line to address the requirements of those who use the cloud for digital storage. Because the Canvio 3.0 drives are pre-loaded with Windows-based NTI BackupNow EZ software,
China’s No.1 Search Engine Jumps On To The Cloud Computing Bandwagon Over the last decade, China has been the country to watch out for. After decades of isolationism through communism, China has embraced capitalism with frenzy, though nominally, communism still rules the one-party State. Overtaking Japan as the world’s second largest economy, China is fast closing on to the United States, with India following close behind. That is why any development in China has the potential to influence the world at large. While I had earlier written about the general trends in cloud computing in these two countries (See: The
Avnet Technology Solutions Introduces CloudReady™ Program in India Program designed to help channel partners on cloud computing opportunities Mumbai, India – September 20, 2011 – Avnet Technology Solutions, the leading technology solutions distribution company and an operating group of Avnet, Inc. (NYSE: AVT), today introduced CloudReady™ Program, an initiative designed to prepare and enable channel partners to capitalize on emerging cloud computing growth opportunities in India. CloudReady offers partners tools and resources to enter the cloud computing market quickly, implement cloud-based solutions and profitably grow their business. “Although cloud computing is still a relatively recent phenomenon in India, we wanted
The Cloud Lock-In (Part 2): The Great Lock-In of PaaS As we climb up the cloud layers scale, the complexity increases hence the vendor lock-in. PaaS as well as SaaS layers present stronger vendor lock-in than the IaaS layer. Did you read the 1st part on IaaS Lock-In ? The Cloud Lock-In (Part 1): Public IaaS is Great ! The PaaS vendor releases the “cloud applications’ developers” from the need to maintain the script or the database environments. The PaaS vendor takes responsibility of aspects such as the application deployment, the big data, scalability and availability by enabling features such as multi-tenancy and cluster
Cloud Computing and your Car – Part 1 Cars define America. If a non-American were asked to define the nation, skyscrapers, cars and Hollywood would definitely be part of the definition. For long, automobiles have been at the forefront of American innovation, giving rise to the Big Three of American Auto – General Motors, Ford and Chrysler. However, ensconced in their secure market, they failed to realize the challenges posed by foreign automakers until it was too late. Consequently, Toyota unseated GM as the world’s leading automaker. The recession that followed next dragged down sales for all automakers, even Toyota,
