Recent Cloud Computing Team Ups – III This is a continuing series on cloud computing companies joining hands. As is evident from the previous articles, cloud companies are increasingly looking to join forces to better leverage their individual competencies. Today’s article features two such team-ups: Atos, EMC and VMware Three big companies – Atos (http://www.atos.net), EMC (www.emc.com) and VMware (www.vmware.com) – have come together under one canopy to create a European cloud infrastructure company called Canopy. According to Atos Chairman and CEO Thierry Breton, Canopy will be a “one stop shop” for cloud computing.” Breton also outlined the reason behind this joint venture
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St. Louis-based Savvis Inc., a cloud computing infrastructure company, said Tuesday it has agreed to acquire private Canadian IT services provider Fusepoint Inc. in a cash deal worth $124.5-million. Toronto-based Fusepoint operates three data centres in Toronto, Vancouver and Montreal and recently reported annualized revenues of $47.4-million in its first quarter. In 2009, Fusepoint generated $41.7-million in revenue. Fusepoint is a portfolio company of M/C Venture Partners, a venture capital firm. Jim Ousley, chief executive with Savvis, said the Fusepoint purchase will expand the company’s footprint into an important market. “Our largest customers have been asking us to expand into
