Category Archives: Press Release

3PAR Determines HP Proposal Is Superior Offer At Roughly $2 Billion

HP’s Bid Valued at Approximately $2 Billion FREMONT, CA–(Marketwire – August 27, 2010) –  3PAR® (NYSE: PAR), the leading global provider of utility storage, today announced its board of directors has determined that the unsolicited proposal by Hewlett-Packard Company to acquire all of 3PAR’s outstanding common stock at $30 per share constitutes a “superior proposal”…

Update – 3PAR Accepts Matching Acquisition Offer by Dell

Update – 3PAR Accepts Matching Acquisition Offer by Dell

 Revised Transaction Valued at Approximately $1.8 Billion FREMONT, CA–(Marketwire – August 27, 2010) –  3PAR® (NYSE: PAR), the leading global provider of utility storage, today announced it has accepted a matching offer to be acquired by Dell for a price of $27 per share, or approximately $1.8 billion, net of 3PAR’s cash. Accordingly, 3PAR and…

HP continues its position by increasing the bid for 3Par Inc

SEATTLE — Hewlett-Packard Co. has again raised its bid for 3Par Inc. above an offer from rival Dell Inc., suggesting that the little-known data-storage maker could be worth more with one of the PC companies’ marketing muscle behind it. The latest offer from HP for $27 per share in cash, or about $1.69 billion, is…

HP acquires data software firm Stratavia

(Reuters) – Hewlett-Packard Co (HPQ.N) said on Thursday it would acquire Stratavia, a private company that makes software to manage databases and has applications in cloud computing. Financial terms of the deal were not disclosed. HP said in a statement that Stratavia will make HP’s Software and Solutions portfolio stronger with its software that helps support…

Eucalyptus 2.0 Major New Version of its Open Source Private Cloud Platform

Santa Barbara, Calif. (PRWEB) August 25, 2010 – Eucalyptus Systems, Inc., creators of the leading open source private cloud platform, today announced a major update of the open source Eucalyptus software. Eucalyptus 2.0 features increased scalability to support massive private and hybrid clouds as well as enhanced performance tuning and flexibility in deploying ucalyptus without modification…

First Mobile Cloud Platform for the Enterprise

First Mobile Cloud Platform for the Enterprise

Model Metrics Introduces the First Mobile Cloud Platform for the Enterprise CHICAGO, IL–(Marketwire – August 24, 2010) –  Model Metrics, the leader in cloud computing services for the enterprise, today introduced the first mobile cloud platform for the enterprise, enabling business users to take critical business functionality with them, wherever they go. Based on the…

Cloud Computing Firm NetApp Explores the Possibilities at VMworld 2010

Cloud Computing Firm NetApp Explores the Possibilities at VMworld 2010

SUNNYVALE, CA–(Marketwire – August 18, 2010) –  NetApp (NASDAQ: NTAP) executives will discuss the hottest trends in infrastructure transformation, cloud computing, and virtualization at VMworld® 2010 San Francisco. Manish Goel, executive vice president of Product Operations; Jay Kidd, senior vice president of Product Strategy and Development in the Storage Solutions Group; and Val Bercovici, NetApp cloud…

Florida’s Pasco County Chooses Mimecast to Improve Speed and Accuracy of Public Record Requests

(Press Release) Waltham, Mass., August 16, 2010 – Mimecast®, a unified email management company offering cloud-based email security, continuity, policy control and archiving, today announced that Florida’s Pasco County has teamed with Mimecast to move its email management systems to the cloud.  With Mimecast, Pasco County will greatly improve the speed with which public record…

CA Technologies Acquires Virtualization and Cloud Infrastructure Consulting Firm

ISLANDIA, N.Y., Aug. 12 /PRNewswire-FirstCall/ — As part of its continued investment in virtualization and cloud management, CA Technologies (Nasdaq: CA) today announced the acquisition of privately-held 4Base Technology, a virtualization and cloud infrastructure consulting firm. Terms of the transaction were not disclosed. 4Base will become the CA Virtualization and Cloud Strategy group, a competency…

Gladinet Provides Cloud Backup Solution for Major Cloud Storage Services

FORT LAUDERDALE, Fla., Aug. 11 /PRNewswire/ — All companies understand the necessity of backing up corporate data. Yet many struggle to find a backup solution with easy access to the cloud storage service of their choice. That’s why Gladinet http://www.gladinet.com, the Cloud Storage Access Platform company, has just unveiled Gladinet Cloud Backup which allows enterprises…

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