CLOUD COMPUTING

Cisco, Juniper step up in cloud with deals

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Leading U.S. network equipment makers Cisco Systems Inc and Juniper Networks Inc both announced deals to bolster their expertise in increasingly popular cloud computing, or virtualization, technology.
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Level 3 To buy Global Crossing

US Tech M&A Booming

The stage is set for another wave of mergers and acquisitions in the U.S. technology sector as the big players, who are flush with cash and looking to expand their horizon, are acquiring aggressively in quest for new products and technology.
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IBM to lead joint research with 15 European partners

IBM will be leading a joint research initiative of 15 European partners to develop smart cloud storage architecture, which is likely to improve the global delivery of rich data and storage services across boundaries of countries and vendors.
EMC

EMC to buy Isilon Systems for about $2.25 bln

Data storage company EMC agreed to buy Isilon Systems for $33.85 a share to cope with the unmistakable waves of cloud computing and massive amount of data produced by a new generation of applications in markets.
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Iberia first-half loss narrows

Spain's Iberia posted a narrower-than-expected first-half operating loss on Friday as improving business travel and air cargo demand countered the negative impact of a volcanic ash cloud in April.
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Fujitsu plans to beef up cloud computing business

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.
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U.S. government slowly adopting Web-based computing

The United States, seeking to modernize technology and reduce costs, is embracing cloud computing, but privacy and security issues need to be ironed out during a decade-long transition, U.S. officials said on Thursday.
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Hitachi outlines big spending on key businesses

Hitachi Ltd , Japan's largest electronics maker, plans to focus spending on infrastructure-related businesses such as power plants as it seeks to more than double its profit over the next three years.
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IBM buys cloud computing software firm Cast Iron

IBM said it bought privately held software company Cast Iron Systems to bolster its expertise in cloud computing, an increasingly popular technology that helps companies cut costs by enabling access to software online.
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Coal fuels much of Internet cloud, says Greenpeace

The 'cloud' of data which is becoming the heart of the Internet is creating an all too real cloud of pollution as Facebook, Apple and others build data centers powered by coal, according to a new Greenpeace report.
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Google takes aim at Microsoft with acquisition

Google Inc stepped up its assault on Microsoft Corp's productivity software business with the acquisition of a small start-up company that allows Microsoft users to edit and share their documents on the Web.

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