There is a new disturbance building up in the cloud as a new wave of computing trends rise to popularity. One of them is the rising audience and user market for Docker. Here is a peek of what to expect in the complicated arena of cloud computing in 2014. Amazon Web Services (AWS) will continue…
CenturyLink, a Louisiana TV, Voice and Internet provider announced its official acquisition of AppFog this week, a leading PaaS provider company in Oregon, Portland. The partnership will give birth to a new subsidiary and a merger with Savvis. This merger will create a premium cloud provider that will deliver managed hosting, outsourced IT services and…
Since its Initial Public Offering in August 2008, Rackspace Hosting’s share value has grown almost 6 times its original value. This is primarily because of the company’s growth in terms of earnings per share, revenue, and subscriber base. The cloud service provider is currently trading with an impressive profit-to-earnings ratio and analysts are warning investors…
Telephone and cable companies are very interested cloud services and are willing to invest huge amounts of money from acquisitions to partnerships just to get into the cloud market. Telephone companies will find it easy to fit into the cloud technology, according to Verizon, because they already have their own network in place and just…
CenturyLink announced on Friday that it has closed the deal to buy the cloud computing company Savvis for $2.5 billion and prepaid about $546 million of Savvis’ credit facility debt. We have reported about this deal earlier. CenturyLink expects the combination with Savvis will improve its revenue and will realize approximately $70 million in “operating…
Telecommunications providers and cable companies have entered the burgeoning enterprise cloud computing market in the battle for enterprise customers. They could play a lucrative role by combining their natural advantages as network operators with technological innovation. CenturyLink, the nation’s third-largest telecommunications company, announced that it will acquire Savvis, a data center services business with big…