Cloud Companies are highly desirable and being bought up!!! (Reuters) - Taiwan's Acer Inc will buy U.S.-based cloud computing firm iGware Inc for $320 million, the fifth-largest ever Taiwanese buyout of a U.S. company, as it seeks to move beyond its core hardware manufacturing business.
Could Savvis Acquisition Set Off A Cloud Buying Spree?
on April 27, 2011 · Comments (0)
News came today that one of the winners of the hosting/data center provider era from the original dot com bubble was acquired today. Savvis was bought by CenturyLink for 2.5 billion dollars. That is an awful lot of money, but Savvis represented the culmination of an awful lot of investment. What was interesting is that a key reason for its purchase was that it is now a “cloud services provider”. Many think this could just be the latest in a land grab of cloud providers.
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Dell agrees to buy cloud computing company Boomi
By DANA WOLLMAN More from BusinessWeek
NEW YORK
Dell Inc. said Tuesday it has agreed to buy Boomi, whose software makes it easy for businesses to send data back and forth between Web-based applications and computer programs that run on PCs.
Terms of the deal were not disclosed, nor did the company say when it expects to close the deal.
Boomi's software, dubbed Atomsphere, lets businesses swap information back and forth between the programs on their PCs and those running online, without compelling them to buy additional software or hardware, such as servers. The idea is that businesses save money on installation, as well as time and productivity, since employees won't have to manually enter data into websites anymore.
This is Dell's second acquisition this year that will help Dell offer improved cloud services to businesses buying its PCs. It also bought Ocarina Networks, which allows data to be stored online more efficiently, taking up less space.
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