PETALING JAYA, Malaysia and ARMONK, N.Y., July 2 /PRNewswire-FirstCall/ — IBM (NYSE: IBM) and Multimedia Development Corporation (MDeC) today announced the development of Malaysia’s most advanced cloud computing animation center, bolstering the country’s fledging creative content industry. Addressing the rapid increase in creative content companies, both within and outside of MDeC and the increased demand for rendering services, MDeC’s animation cloud will provide centralized facilities and programs to help Malaysian animators, visual effects artists and multimedia students to bring their ideas to fruition in the digital content space. The new high performance cloud center supports multiple concurrent users, and is
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Apparently the Silicon Valley-based Nimbula has been in stealth mode for over a year A couple of Amazon’s boys, credited with leading the development of EC2, have struck out on their own and launched Nimbula, whose purpose is to “blend EC2-like scale, agility and efficiency with private infrastructure customization and control.” Apparently the Silicon Valley-based Nimbula has been in stealth mode for over a year and brought in $5.75 million in Series A funding from Sequoia Capital and VMware. And apparently it will be going after large organizations with a yen to have an EC2 of their very own. Nimbula
Virtualization made its way into the mainstream data center with a strong cost-reduction value proposition centered around a straightforward tactic: server consolidation. Now, on the back of the success these projects achieved, virtualization is gaining a more strategic role in the IT landscape. As virtualization initiatives delivered tangible bottom line benefits–in some instances up to 60% reduction in capital costs–companies looked to virtualize more. With expanded use, virtualization becomes more than an operational tactic; it becomes the foundation for a new approach to IT. An approach where IT services are freed from the complexity of the hardware infrastructure that delivers
St. Louis-based Savvis Inc., a cloud computing infrastructure company, said Tuesday it has agreed to acquire private Canadian IT services provider Fusepoint Inc. in a cash deal worth $124.5-million. Toronto-based Fusepoint operates three data centres in Toronto, Vancouver and Montreal and recently reported annualized revenues of $47.4-million in its first quarter. In 2009, Fusepoint generated $41.7-million in revenue. Fusepoint is a portfolio company of M/C Venture Partners, a venture capital firm. Jim Ousley, chief executive with Savvis, said the Fusepoint purchase will expand the company’s footprint into an important market. “Our largest customers have been asking us to expand into
