Salesforce announced it is acquiring social media monitoring platform Radian6 for $276 million in cash and $50 million in stock. The transaction is set to be completed by July 31, 2011, subject to certain terms and conditions. This acquisition represents a huge opportunity for Salesforce as it is expected to gain a leadership position in…
Cisco announced on Tuesday that it plans to acquire newScale, in a deal that would ramp up its cloud computing services. NewScale, provides self-service, service catalog, and lifecycle management software for enterprise IT and private/hybrid cloud computing. The company, founded in 1999, is privately held and based in San Mateo, CA, and has more than…
According to Bloomberg, Hewlett-Packard needs to spend as much as double the historical valuation for software takeovers to catch up in cloud computing. Although Apotheker said this month he will follow a “disciplined” approach to acquisitions for Hewlett-Packard, he may be forced to pay up to offset cuts in development spending by ousted CEO Mark Hurd and…
Savvis announced today that its Government Wide Service (GWS) platform is now available to all government departments and third-party suppliers in the United Kingdom. GWS was developed to help the government achieve its ambition of creating a G-Cloud – a hosted environment for public sector IT operations and services. Government agencies looking to reduce costs use Savvis’…
Facebook has agreed to acquire London based Israeli startup, Snaptu, that makes apps for feature phones, for an estimated $70 million. Snaptu offers a service that makes social networks such as Facebook, Twitter and LinkedIn easily available on regular, non-smartphones, that make up more than 80 per cent of handsets sold globally. According to market…
Verizon and SAP America, a subsidiary of SAP AG, annouced on March 16, that they will deliver SAP CRM (Customer Relationship Management) through Verizon’s computing as a service cloud. The new SAP CRM targets enterprises and offers rapid deployment with a ready to use software, predefined services and price, and preconfigured content. Users will now be able to…
Microsoft launched the Release to Market version of Internet Explorer 9 today at the South by SouthWest (SXSW) event in Austin, Texas. Microsoft launched the beta version of IE9 last year and received generally positive reviews and 40 million downloads. “A fully hardware-accelerated browser, taking advantage of Windows and the latest in PC hardware innovations…means…
On Tuesday, during his Cloud Connect keynote, Werner Vogels, the Vice President and CTO of Amazon, stressed on the fact that the cloud computing department of Amazon.com has become an ecosystem, and has come a long way from the simple computing cloud it started out to be. “The cloud’s ecosystem is what defines the cloud,…
Rackspace announced today it is is augmenting its OpenStack open-source cloud computing initiative with a new set of services and support options that will help partners and customers to better leverage the open cloud technology. The new support service is called Cloud Builders, and it is staffed by members of Rackspace’s OpenStack team as well…
Zenith Infotech introduced today MirrorCloud, a new lightweight backup and disaster recovery software application for the mid size business market. Using a data cloning process, MirrorCloud takes zero-copy data snapshots of any physical and virtual Windows server or desktop, dramatically increasing Recovery Point Objectives (RPOs). Within minutes MirrorCloud can reproduce a virtual image of any…