![](https://investorshub.advfn.com/uicon/42879.png?cb=1511430702)
Monday, August 23, 2010 8:03:04 PM
Although the below copied news release is not specific or relevant to PIHN in anyway I did want to show the relevance to CLOUD COMPUTING , PIHN's specialty .
PIHN / Staff Is is in the right sector at the right time .
Renee
SAN FRANCISCO (AP) -- The world's two biggest personal computer makers are locked in a pricey struggle over which can move away from the PC business the fastest .
Hewlett-Packard Co. offered $1.5 billion on Monday for 3Par Inc., a company whose data-storage machines are designed for "cloud computing ," or delivering services over the Internet. HP's rival , Dell Inc. , last week offered about $400 million less for 3Par , and many analysts and investors expect Dell to make a sweeter counteroffer .
The willingness to spend so much money on such an obscure company underscores how aggressively both companies are about moving into more profitable markets than PCs.
Cloud computing is one of those markets.
It has caught on because many companies aren't buying their own computer servers for certain tasks anymore . Instead , they're paying to have software they would have stored on those machines delivered to them over the Internet .
Companies such as Dell and HP are trying to take advantage of the trend by offering those kinds of cloud-computing services directly on a subscription basis , along with the equipment and software for customers to build their own cloud systems .
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
FEATURED North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • Jul 18, 2024 9:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM
HealthLynked Expands Telemedicine Nationwide • HLYK • Jul 17, 2024 8:00 AM