Dell, HP acquisition battle shows progress of cloud computing ...

By eddieadams | August 30, 2010

Recently, PC heavyweights Dell and Hewlett-Packard have been engaging in a financial battle for cloud computing provider 3Par. In the course of the last many weeks, both firms have 1 upped every other with what each believes to be a ?superior? offer. The business delivers reliable on the internet back and disaster recovery solutions, which have proven as profitable as other forms of cloud computing, which includes hosted software. Whilst some are hesitant to move to the cloud, as organizations when had been with agile development and other IT processes, the battle between Dell and HP shows the cloud?s value.

3Par is a global provider of data-storage machines designed for cloud computing services, a commodity both hopeful organizations deem as a technological benefit in today?s existing IT marketplace. Initially, HP made an provide of .5 billion for the business, following Dell had provided close to million fewer. Because then, Dell offered .6 billion, which HP topped at .8 billion. Dell then matched the .8 billion provide, which forced HP to boost its bid to billion, or almost a stock. Dell is now contemplating yet another counteroffer, which it has three days to issue, lest it concede the considerably-sought-soon after acquisition.

The battle between the two business highlights the growing significance of cloud computing as a technology today. Dell has stated that 3Par is the greatest business providing cloud computing, which explains its desire to acquire it. Dell?s director of enterprise storage, Praveen Asthana, stated high-end utility storage is an upcoming company, and he felt that, at present, 3Par is the ?finest company to provide this service for those organizations who want to consolidate and virtualize their information centers in order to showcase IT as a utility,? reports Best News US.

Currently, a lot more organizations are turning toward on the web virtual networks and SaaS applications and leaving mainframes and hardware behind. In truth, a recent report from CloudTweaks stated 20 percent of businesses will be in the cloud throughout the next four years. The grip of the global recession throughout the last a number of years led several businesses to uncover cost-effective solutions for their IT responsibilities, which explains how the cloud grew to such prominence. A recent report from AMI-Partners discovered cloud computing spending will skyrocket amongst modest- and medium-sized companies in the course of the next five years, reaching almost billion. The value in the cloud is in the flexibility it offers firms. Rather than having to do every thing from the office, tasks suchs as updating an enterprise wiki or software database can be accomplished remotely.

Considerably speculation has followed the recent bidding war between Dell and HP, as numerous critics point to the fact that 3Par has in no way produced a profit in its three years becoming a public corporation. However, with the continued rise of cloud computing, HP or Dell may well in truth be reaping the positive aspects soon with this acquisition.

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Source: http://www.technethuancavelica.com/dell-hp-acquisition-battle-shows-progress-of-cloud-computing-hosted-software.htm

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