IBM unveils hybrid mainframe – Cloud Computing

IBM on Thursday will unveil a new hybrid mainframe design that aims to cut data center sprawl and be a bridge to other systems. All of the hardware giants—IBM, HP, Cisco, Dell and Oracle—are producing magic boxes (or armies of them) to modernize data centers and bridge them to cloud computing. IBM is aiming its

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Cloud Computing Firm VMware Reports Second Quarter 2010 Results Revenue Growth of 48%

PALO ALTO, CA, Jul 20, 2010 (MARKETWIRE via COMTEX) — VMware, Inc. (VMW 72.42, -0.93, -1.27%) , the global leader in virtualization solutions from the desktop through the datacenter to the cloud, today announced financial results for the second quarter 2010: Revenues for the second quarter were $674 million, an increase of 48% from the

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Fujitsu, has entered into the Cloud Computing market

TOKYO (Reuters) – Fujitsu Ltd, Japan’s biggest IT services provider, said on Friday it plans to boost investment in cloud computing by 54 percent this year to beef up its operations in one of the IT sector’s hottest areas. It will also seek more global partnerships and acquisitions to expand its software and product offerings

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Cloud Computing Company 'Savvis' buys Canada's Fusepoint in $124.5-million deal

St. Louis-based Savvis Inc., a cloud computing infrastructure company, said Tuesday it has agreed to acquire private Canadian IT services provider Fusepoint Inc. in a cash deal worth $124.5-million. Toronto-based Fusepoint operates three data centres in Toronto, Vancouver and Montreal and recently reported annualized revenues of $47.4-million in its first quarter. In 2009, Fusepoint generated

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