Cloud Spending Helps Techs as PC Sales Stagger Oct 14 (Reuters) – Big U.S. Internet computing companies should outshine their plainer PC cousins when earnings season kicks off next week, as corporations and fast-growing Web players dramatically accelerate their pace of hardware spending. Corporations are increasingly turning to new technology to make themselves more productive in a downtrodden global economy. Meanwhile, a social networking and e-commerce boom is spurring massive outlays on the giant server factories that power Internet computing. That’s good news for Intel Corp , which is supplying more of its microchips direct to companies building their own servers, and
Hewlett-Packard Co
Hewlett-Packard May Spin Off PC Business To Focus On Cloud Computing Hewlett-Packard Co (HPQ.N), which may spin off the world’s largest PC business, is no longer a “safe haven” stock, said Robert W. Baird, which downgraded the stock to “neutral” on weak results and the company’s decision to overhaul its portfolio. As part of a series of moves away from the consumer market, the iconic company associated with the birth of Silicon Valley plans to kill its new tablet and buy British software company Autonomy Corp (AUTN.L) for $11.7 billion. “We are directionally positive on the shift to high-growth, high-margin
Last week I wrote about the RSA Conference currently on in San Francisco and what it meant for cloud security (See: Can The RSA Conference Help Dispel Cloud Computing Security Fears? ). Today’s article is an update on what’s happening in “The City by the Bay.” For one, cloud computing is high on the agenda at the conference, so much so that there is a Cloud Security Alliance (CSA) Summit on the schedule. I had touched on the CSA in an earlier article (See: Big 4 Auditing Firm Ernst & Young Joins Cloud Security Alliance) and there’s no doubt that
Oracle Reveals New Exalogic Elastic Cloud SAN FRANCISCO (Dow Jones) — Oracle Corp. (ORCL) Chief Executive Larry Ellison kicked off his keynote address at Oracle’s annual customer conference on Sunday with comments on cloud computing and Salesforce.com Inc. (CRM), rather than focusing on Oracle’s strained partnership with partner Hewlett-Packard Co. (HPQ). “Cloud stands in stark contrast to Salesforce.com,” Ellison said, calling out several ways in which he thinks Saleforce is not an example of cloud computing. Cloud computing, he added, “is a platform upon which you build applications. It includes hardware and software.” The comments were a build-up to his
By BEN WORTHEN Via The Wall Street Journal As technology giants rush to add products and services for the fast-growing part of the industry known as cloud computing, VMware Inc.—a Silicon Valley company that helped usher in the mania—is readying a new push of its own. Cloud computing is an industry term for information that is stored remotely on equipment operated by outside specialists and accessed via the Internet. At its annual conference this week, VMware on Tuesday will unveil technology aimed at both making it easier for businesses to move information into the cloud and to run their own
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,
(Reuters) – Hewlett-Packard Co (HPQ.N) said on Thursday it would acquire Stratavia, a private company that makes software to manage databases and has applications in cloud computing. Financial terms of the deal were not disclosed. HP said in a statement that Stratavia will make HP’s Software and Solutions portfolio stronger with its software that helps support the infrastructure of “cloud computer environments.” Stratavia, based in Denver, also helps in database automation, which makes it easier for companies to maintain servers. Aaron Rakers, a Stifel Nicolaus & Co analyst, said Stratavia’s database warehousing software can be applied to cloud computing, and
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
