Cloud Computing: Virtustream CEO - Being Part of a Larger Dell Is 'Exhilarating'

Grazed from eWeek. Author: Jeffrey Burt.

Rodney Rogers, who co-founded the cloud IaaS company in 2009, says Virtustream can pursue its roadmap while taking advantage of Dell's industry reach. Virtustream, the cloud computing company that now is part of the larger post-EMC-deal Dell Technologies, has been on something of a wild ride over the past 18 months or so.

The company, which was founded in 2009 as a cloud infrastructure provider for the big, complex mission-critical business applications that run in almost every organization and launched its first product in 2010, was bought in May 2015 by EMC for $1.2 billion as part of the data storage giant's efforts to grow its cloud computing capabilities...

Oracle will buy cloud warehouse management applications firm LogFire

Grazed from PCWorld. Author: John Ribeiro.

Oracle will acquire LogFire, a provider of cloud-based warehouse management applications, with the aim of boosting the features of its supply chain management cloud offering. The Redwood Shores, California, software and cloud giant expects that the addition of the LogFire applications will complement the logistics functionality of its Oracle Supply Chain Management (SCM) Cloud by adding warehouse management capabilities.

The financial terms of the proposed acquisition of the Atlanta, Georgia, firm were not disclosed. The management and employees of LogFire, which was started in 2007, will join the Oracle SCM Cloud team. Oracle has been making acquisitions of cloud computing companies to shore up its applications for various industries...

Cloud Computing: EMC sale clears last hurdle, Dell to close on purchase next week

Grazed from BostonGlobe. Author: Curt Woodward.

Dell Inc. has received approval from regulators in China for its $65 billion purchase of EMC Corp. and plans to close the buyout of the largest technology company in Massachusetts on Sept. 7, the companies said Tuesday. The sale of EMC ends a storied era in the state’s high-tech sector.

The new company, called Dell Technologies Inc., will instantly become one of the industry’s largest suppliers of big-business computing equipment. The sale, first proposed last October, had been viewed for months as a formality despite some early skepticism from investors. Regulators in the US and Europe approved the transaction months ago, and EMC shareholders overwhelmingly voted for the acquisition in July...

Why this cloud computing startup turned down 4 acquisition offers and continued bootstrapping

Grazed from StanfordBusiness. Author: Harshith Mallya.

Advances in cloud computing have brought in a technological revolution in recent years. Now, small and medium scale businesses don’t need to physically invest in infrastructure like servers and then worry about changes they need to make while scaling up, or even cutting back and scaling down during lean business cycles.

Cloud computing has also brought in a new era of business, with ventures that are being termed ‘born-in-cloud’ companies. Bengaluru-based Powerupcloud is one such company, and it has an interesting story. PowerupCloud initially started as a Cloud and Big Data consulting startup in June 2015. The founding team consists of Ankit Garg (COO), Ranjeeth Kuppala (CTO), Siva Surendira (CEO), Ram Kumar (Director-Engineering) and Arun Britto Lawrence (Director-Analytics)...

Why Cloud Player Datapipe Is Acquiring This U.K. Startup

Grazed from Fortune. Author: Barb Darrow.

Datapipe, which over the past three years has been busy snapping up cloud computing properties, is at it again: This time out, it is buying Adapt, a U.K.-based company that helps customers run Amazon Web Services. Terms were not disclosed. Adapt is what is called a “managed services provider,” or MSP, which means it offers an array of technology services in a way that is theoretically easy for the business customer to use.

An MSP is often thought of as a sort of outsourced IT professional. It might run the customer’s email and provide related security and other services, for example in a way so the customer does not have to sweat the details of upgrades and patches etc. The Adapt deal comes about a year after Datapipe bought DualSpark, a company founded by former Amazon AMZN 0.08% personnel to make it easier to move business applications from internal equipment to the AWS cloud, which is a massive array of servers, storage, and networking owned and managed by AWS...

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Cloud Computing: Hewlett Packard Enterprise Just Spent Millions on This Supercomputer Maker

Grazed from Fortune. Author: Jonathan Vanian.

It’s all about the data. Hewlett Packard Enterprise isn’t slimming today. The business technology giant said Thursday that it will buy computing hardware maker SGI for roughly $275 million. HPE said the deal should close in the first quarter of its fiscal 2017 as long as regulators approve it.

For the past several months, HPE has been slicing off chunks of its business it no longer wants, like a majority stake in the Indian outsourcing subsidiary Mphasis it sold for $825 million in April, and an IT services business group it spun out and merged with Computer Sciences in May to form a new joint venture...

Cloud Computing: Salesforce buys Quip for $582 million

Grazed from CBR. Author: James Nunns.

Salesforce has again decided to splash the cash in order to boost its portfolio this time with the acquisition of productivity software maker Quip. The deal, which will be for $582 million in stock, will add to Salesforce’s portfolio a number of programs for creating documents and spreadsheets.

Quip’s products are designed for collaboration using mobile devices, something which should be a boost to the CRM vendor as it looks to advance its mobile offering. Another angle to the deal is that Quip is a competitor of Microsoft Office and Alphabet’s Google Docs...

Cloud computing just had another amazing, awesome, over-the-top good week

Grazed from NetworkWorld. Author: Frederic Paul.

Cloud computing has been on a roll for a while now, and instead of slowing down, it just keeps speeding up. Last week, for example, the cloud hit the accelerator big time, as demonstrated by a pair of key developments:

First, Amazon announced record quarterly results for Amazon Web Services (AWS). AWS simply blew through its Q2 numbers, hitting $2.9 billion in revenue, which was up more than $1 billion from the same quarter in 2015. Yes, quarterly revenue increased by a billion dollars in just one year...

Oracle to Buy Cloud-Software Provider for $9.3 Billion

Grazed from Nasdaq. Author: Editorial Staff.

Oracle Corp. agreed to pay $9.3 billion for a cloud-computing pioneer that counts Larry Ellison as a major investor, using its second-largest acquisition to try to catch up in a key area where it has lagged.

Oracle said it is paying $109 a share in cash for NetSuite Inc., a 19% premium to the company's closing price Wednesday of $91.57. The deal is raising questions about the role of Mr. Ellison, Oracle's chairman, who is the biggest shareholder in both companies...

LogMeIn Merging with Citrix's GoTo Business - A Deal Valued at $1.8 Billion

Article Written by David Marshall

LogMeIn and Citrix Systems announced that the companies have entered into a definitive merger agreement for LogMeIn to combine with Citrix's GoTo business in a deal valued at approximately $1.8 billion.  The deal will enable Citrix to focus on its other products, including XenDesktop and XenApps.

Back in November, Citrix announced that it would spin off its GoTo family of products as a separate company.  By combining the spinoff with a merger, the transfer will be tax free for Citrix in a move known as a "Reverse Morris Trust."

The transaction has been unanimously approved by the boards of directors of both companies.  According to officials with both companies, the deal, expected to close in the first quarter of 2017, will create a software-as-a-service (SaaS) business with a diverse product portfolio and greater resources to drive innovation.