By Associated Press SEATTLE — Hewlett-Packard Co. has again raised its bid for 3Par Inc. above an offer from rival Dell Inc., suggesting that the little-known data-storage maker could be worth more with one of the PC companies’ marketing muscle behind it. The latest offer from HP for $27 per share in cash, or about $1.69 billion, is nearly three times what 3Par had been trading at before Dell made the first bid last week. Earlier on Thursday, Dell said 3Par had accepted its second offer of $24.30 per share in cash, or $1.52 billion. Dell made its first offer,
Cloud Gaming is going to be one of the more interesting areas of cloud computing to watch over the next few years. There is a lot at stake and companies are simply trying to figure how to position themselves. There is no doubt cloud computing will be hugely beneficial to the public gaming industry. We have 3 such cloud gaming companies that have entered into this arena. Let the gaming begin! OnLive OnLive seems to be generating the most interest of the 3. They have a good number of backers and appear to be in a very good position to
SAN FRANCISCO – Software manufacturing leading corporation Microsoft has revealed it has reached a deal to resolve a patent duel with Salesforce.com – a cloud computing firm. Each had brought a lawsuit in the US court accusing the other to have violated its patented technology. Under the terms and conditions of the agreement, both companies will have the rights to use each others technology. It was also decided that Salesforce.com will pay compensation to Microsoft, though the amount to be paid was not revealed. “We are pleased to reach this agreement with Salesforce.com to put an end to the litigation
PRWeb Farmington Hills, MI (Vocus) August 3, 2010 Fear of the unknown is a powerful emotion. But when you’re an IT exec, fear of the unknown – particularly when you’re talking about moving into the cloud – really comes down to fear of making a costly mistake. To help its customers navigate through the cloud computing conundrum, Logicalis, an international provider of integrated information and communications technology (ICT) solutions and services, has identified Six Critical Questions CIOs Should Ask Before Entering the Cloud. At this point, most businesses have read enough about cloud computing to know that it can potentially
The FINANCIAL — Novell and Tencent on July 22 announced the establishment of a research laboratory in Shenzhen, China to jointly develop an Internet Data Center (IDC) cloud computing platform. Tencent, China’s largest Internet service portal with more than 480 million active users, is adopting SUSE® Linux Enterprise Server and PlateSpin Orchestrate as its auto-deployment system. As part of the agreement, Tencent will also utilize intelligent workload management solutions from Novell, including PlateSpin Workload Management, to create a flexible and easy-to-expand IDC cloud platform that will allow users to build, purchase and run business applications in a faster and more convenient way.
PALO ALTO, CA, Jul 20, 2010 (MARKETWIRE via COMTEX) — VMware, Inc. (VMW 72.42, -0.93, -1.27%) , the global leader in virtualization solutions from the desktop through the datacenter to the cloud, today announced financial results for the second quarter 2010: Revenues for the second quarter were $674 million, an increase of 48% from the second quarter of 2009. – GAAP operating income for the second quarter was $101 million, an increase of 166% from the second quarter of 2009. Non-GAAP operating income for the second quarter was $187 million, an increase of 94% from the second quarter of 2009.