CLOUD COMPUTING

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NetApp upgraded at Barclays Capital

Barclays Capital upgraded rating of the data storage equipment maker NetApp, Inc. (NTAP) to 'overweight' from 'equal weight' and increased its price target to $67 from $56.
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Cisco, Juniper step up in cloud with deals

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.
4. IBM

Patching The Cloud

Researchers from NC State and IBM have discovered a way to patch a cloud-based computing system while it's offline.
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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