Fujitsu cloud computing

Fujitsu, has entered into the Cloud Computing market

by cloudtweaks on July 9, 2010

in Business, Cloud Computing, Computing, IT, News, Press Release, SaaS, Security, Stocks, Storage, Technology

TOKYO (Reuters) – Fujitsu Ltd, Japan’s biggest IT services provider, said on Friday it plans to boost investment in cloud computing by 54 percent this year to beef up its operations in one of the IT sector’s hottest areas. It will also seek more global partnerships and acquisitions to expand its software and product offerings accessed online, and key targets will include software firms with strong technologies or client bases, president Masami Yamamoto told a news conference. Fujitsu, the world’s No. 3 IT services vendor after IBM and Hewlett-Packard, plans to spend $1.1 billion on its cloud computing business by

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