Tag Archives: M&A

Is Cloud Computing A Threat To Older Tech Companies? Part 2

Is Cloud Computing A Threat To Older Tech Companies? Part 2 Continued From Part 1….  So, how accurate were IDC’s predictions? Hindsight is, as the saying goes, 20/20; so while we won’t know exactly how precise IDC’s projections are, we can certainly determine if their aim was true. IDC predicted: “Worldwide IT spending will grow 6.9%,

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Cloud Sherpas And GlobalOne Merge In A Meeting Of Equals

Cloud Sherpas and GlobalOne Merge in a Meeting of Equals Consolidation in industry takes two routes – mergers and acquisitions. Not surprisingly, they are often tagged together as M&A. While the cloud computing industry has seen a lot of acquisitions in recent times (See: Some Recent Cloud Computing Acquisitions – I and What Will The

Cloud Computing Startups Raise Big Money: UPDATE 10

Cloud Computing Startups Raise Big Money: UPDATE 10

Cloud Computing Startups Raise Big Money: UPDATE 10 Today, there are two startups in focus – Vaultive and Eccentex. Vaultive Cloud data encryption services provider Vaultive recently completed a $10-million funding round led by .406 Ventures, New Science Ventures and Harmony Partners. Headquartered in New York with its R&D center in Tel Aviv, Israel, Vaultive

HP Seeks To Give Amazon Competition with a New Public Cloud Service

HP Seeks To Give Amazon Competition with a New Public Cloud Service For several years now, Amazon has held sway over the cloud computing heap, especially in IaaS. HP, in contrast, though being one of the largest traditional IT infrastructure players, had been slow to jump onto the cloud computing bandwagon. However, over the last

IDC Analyst Firm Predicts: Cloud Computing to Create 14 Million New Jobs by 2015

IDC Analyst Firm Predicts: Cloud Computing to Create 14 Million New Jobs by 2015

IDC Analyst Firm Predicts: Cloud Computing to Create 14 Million New Jobs by 2015 REDMOND, Wash. – March 5, 2012 – Spending on public and private IT cloud services will generate nearly 14 million jobs worldwide from 2011 to 2015, according to a new study by the analyst firm IDC. The research, commissioned by Microsoft, also