Some Recent Cloud Computing Acquisitions As an industry matures, consolidation occurs and some prominent players emerge. With big companies already staking their claims in this space – a phenomenon which I had argued differentiated the cloud computing fervor from the dotcom bubble (See: Are Cloud Computing Stocks Overvalued?) – it was only time that the bigger fish started swallowing the small ones (See: Is Consolidation Coming to Cloud Computing?). While startups are always on the acquiring companies’ radars (See: Acquisitions of Cloud Computing Startups Speed Up), some mid-size companies are also attracting considerable interest. This article features two such recent
Executive
New RTP center may draw up to $7.8M in state incentives DURHAM, Jul 09, 2010 (The Herald-Sun – McClatchy-Tribune Information Services via COMTEX) – A subsidiary of IBM is planning to hire 600 workers and invest $3.7 million in a new process service center in Durham’s Research Triangle Park in the next two years. As a result of the project, IBM Lender Business Process Services Inc., a specialty loan processing company, could receive up to $7.8 million in incentive payments from North Carolina state government during the next decade. Gov. Beverly Perdue touted the jobs and facility announcement on Thursday,
