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’…
Deloitte issued today it’s annual Technology Trends report which identifies the 10 disruptive and emerging technologies that are expected to play a crucial role in how businesses will operate globally over the next 18 months. For 2011 Deloitte identified 10 important trends, grouped in two categories: 1. (Re)Emerging Enablers: represents 5 trends that CIOs are…
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…
AlwaysOn partnered with Morgan Stanley, KPMG, Hewlett-Packard, Blackstone Group, Bridge Bank, Fenwick & West, Silicon Valley Bank, along with industry experts, to identify the top 100 private on-demand and SaaS companies – plus 16 to watch – that are pioneers in cloud computing and SaaS. Companies were selected based on a set of five criteria:…
Hewlett-Packard is trying to compete directly with Amazon.com Inc. and Salesforce.com Inc. by leveraging its large manufacturing base and experience with servers and computers to build a new “cloud” service. HP has been largely absent from the newest Internet trend “cloud computing,” but its servers are sold to companies who use them to create their…
More than a year ago Netflix was having problems keeping up with the growth in demand for its services and turned to the cloud for help. The company decided to move most of its production systems into Amazon EC2 after having struggled to keep up by building its data center. Last year Netflix launched the…
We met up with Will Conway from Rackspace at this year’s Cloud Connect in Santa Clara. Will has helped many Fortune 500 companies construct and implement their cloud strategies and helps Rackspace partners become educated, not only where Cloud technology is going, but how it can be successfully implemented in their own corporate portfolio. In…