In an effort to join the cloud computing race, HP which has lagged behind Dell and IBM in its cloud computing efforts, launched this week Enterprise Cloud Services—Compute and HP CloudSystem. HP Enterprise Cloud Services—Compute, offers enterprises the ability to run key applications and securely access them over a network—without investing in unnecessary assets or processes. Client…

To enhance its cloud computing capabilities Verizon acquired Terremark, a Miami-based cloud services and data center hosting provider, for $1.4 billion. With this acquisition Verizon will be competing with major cloud services players such as Amazon. Verizon, which already offers its own Infrastructure-as-a-Service product, as well as managed hosting for enterprise customers, will pay $19…

IBM, the Armonk, New York-based company said in a statement released today that they will be partnering with Range Technology Development a data-center service and telecommunications-network- services provider to build a cloud computing center in northern China, Hebei Province, in order to facilitate the development of the province and in particular the city of Langfang…