FireHost, Inc. Secures $10 Million in Series B Funding Led by The Stephens Group, LLC Investors Confident in FireHost’s Position as the Go-To Cloud Host for Security (DALLAS, TX – Sept. 15, 2011) — FireHost, a secure cloud hosting company, announces today a growth investment by The Stephens Group, LLC, as well as earlier-round investors. This capital infusion validates FireHost’s position that security is a top priority for businesses using the cloud and will help the company scale rapidly in the next 12 months, including an expansion to Europe. FireHost has strategically positioned itself as the premium managed hosting provider
Hewlett-Packard
Can Increased State Taxation Hinder Cloud Computing? – Part 1 “The best things in life are free, but sooner or later the government will find a way to tax them.” – Anonymous. Tax officials are usually the most hated representatives of the government, often without reason. However, some recent developments may well provide a valid reason to cloud component proponents to direct their ire towards state tax departments. Here’s a brief background before the specific facts. Will Vivek Kundra’s Departure Affect Government’s Flight to the Clouds?). The US military, normally the first in line to make use of new advances
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
50GB of Free Cloud Storage Available in HP App Catalog Box.net has launched its Box for TouchPad, which is available immediately in the HP App Catalog. In addition to offering enterprise-grade content storage and sharing to tablets, Box for TouchPad App makes available 50GB of free cloud storage for the lifetime of the account. Box for TouchPad allows users to access and view files on-the-go, easily share links to Box files and folders via email, find files quickly utilizing built-in search, and upload content directly from the TouchPad to Box.net. According to the companies, Box for TouchPad and the 50GB
Is Consolidation Coming to Cloud Computing? In recent times, the biggest news in cloud computing has been Hewlett-Packard’s (HP) entry into the sector. And this entry is not a side business; the new CEO truly believes the company’s future lies in the cloud, going on record saying, “Everything that we do in the future will be delivered as a service.” (See: HP Declares Ambitious Plans in Cloud Computing Space). Now, HP is truly a big boy in the IT space, in fact the biggest boy among all the IT companies in terms of annual revenue (by market capitalization it’s a
HP Declares Ambitious Plans in Cloud Computing Space For a long time, relatively speaking, Hewlett-Packard (HP) has been content to sell servers that service providers use to create cloud computing products and services. Now, HP has realized the immense potential of cloud computing and is planning a more active role in this field. In this way, it will follow in the footsteps of IBM, and to a lesser extent Oracle, who have footholds in both the hardware and software sectors of cloud computing. On Monday, 15 March 2011, new HP CEO Leo Apotheker outlined his vision for the company’s future,
Cloud Computing Sector to Witness More M&A in 2011, PwC Report The rush for cloud-based technology solutions and development of virtualization and security technologies will fuel growing interest in cloud computing during 2011 and a new wave of mergers and acquisitions (M&A) is expected, a recent report by PwC revealed. Cost savings opportunities and growing confidence in cloud computing are the driving force behind a new technology trend; namely, switching to cloud-based solutions by large and small and medium enterprises alike. Companies now have more confidence in security provided by the cloud and a growing number of businesses are migrating
