Reuters| Mon Aug 23, 2010 NEW YORK: Hewlett-Packard Co launched a $1.6 billion bid for data storage company 3PAR Inc on Monday, topping an offer by technology rival Dell Inc. HP bid $24 a share for 3PAR, about 33 percent more than Dell planned to pay in a deal announced a week ago. At the time, Dell’s bid for 3PAR, which makes storage products that use virtualization technology to allow companies to boost efficiency, marked an 87 percent premium to its share price. Representatives from 3PAR and Dell were not immediately available for comment on the HP move. HP, faced
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Very Interesting Report By Tom Henderson and Brendan Allen, at Network World In our continuing series of groundbreaking tests of cloud computing services, we take a look at what enterprises can expect if they decide to entrust data to a cloud storage provider. We found that cloud storage lives up to its advance billing in two key areas: cloud storage can be fast and the pay-as-you-go model can be a real cost saver. We also found that security could be an issue for enterprise shops, and the formulas for trying to predict overall costs can be complex. The services that
5 Areas Best Suited For Cloud Computing Businesses are shifting from the client-server model to the cloud computing model. There are still some concerns about the security of cloud based servers. Many IT analysts firmly believe that the benefits of using the cloud for certain applications will far outweigh its risks. The needs to store most of the relevant data and access it efficiently is the main driving force behind many companies moving to the cloud. Following are the top 5 cloud applications being most widely used at present. Cloud Backup Some companies like Mozy are working to move businesses
Intel announced today that it will acquire McAfee, maker of anti-virus and other security software, for $7.68 billion in cash, or $48 per share. The per share price is 60 percent more than McAfee’s $29.93 closing price on Wednesday. McAfee shares jumped 58 percent after the deal was made public to $47.42 in pre-market trading, while Intel shares dipped 2.5 percent to $19.11, the AP reports. The boards of both companies have unanimously approved the deal, but it’s still pending McAfee shareholder and regulatory approval. Intel said the deal “reflects that security is now a fundamental component of online computing.”
Top 10 Cloud Computing Most Promising Adoption Factors Cloud computing has already fascinated many critics and observers by its progress and fast domination of the IT and Business world. It is on the verge of becoming world premier technology in providing computing services to the organization no matter how small small or big regardless of regional and economical status. It is a bit strange that even those close to this technology that many including CIOs and other concerned professionals still don’t know much about cloud computing. The Cash Cloud Cloud computing is estimated to save 20-30 percent of the expenses
Jerry Huang, CEO Of Gladinet: Interview With CloudTweaks Are you seeking a Cloud Technology Platform for backing up your critical data? It is a struggle for many firms to make the decision to back-up on local servers or use a Cloud Platform offsite. Gladinet , the Cloud Storage Access Platform company, has solutions which enable organizations to back up their files and critical database information. Their unique technology offers a variety of platforms focused on delivering a back-up solution tailored to your companies platform needs. The CEO of Gladinet is Jerry Huang, an engineer and trailblazer in cloud technology. He
