Intuit, the leading software provider of accounting and business-oriented software, announced the purchase of Demandforce, which is engaged in the development of SaaS-solutions for the automation of internet marketing and communications business. Intuit has agreed to pay $423.5 million in cash to Demandforce for the acquisition. The acquisition is expected to close in May. Based…

CloudTimes is proud to feature some of the leading experts in Cloud Computing as our Guest Authors. We have now published a listing with the most prominent ones – SEE HERE. Guest authors come from a wide range of cloud companies, like: CloudPassage, Rackspace, IBM, Chart.io, Wipro, PuppetLabs or Rainstor. Many of these companies are…

US Technology Company AEC Partners and Videocon have placed their combined investment funding of $21 million for Nivio, a Palo Alto cloud computing company. Nivio is expected to use this funding to leverage their cloud services in Europe, India, Australia and West Asia. These services will provide cloud solutions for individuals, small and medium scale…

Modern businesses used to operate their own technology infrastructure with the help of IT experts who manage in-house data center, security protocol and other complex business IT solutions. Today, however, that trend is shifting towards a new paradigm on cloud computing. The new technology improvements rapidly demand that businesses keep abreast with the development if…

Joyent recently bagged $85 million of funding from several investors headed by major participant’s Accelero Capital and Weather Investment II Group. Other funding are also expected from Telefonica Digital plus existing support from Intel Capital, Liberty Global, Epic Ventures, El Dorado Ventures and Greycroft Partners. The series of funding will leverage Joyent’s public cloud services…