Technology industry analysts believe that the ‘cloud computing’ market is finally on the growth curve. The two deals announced by two technology giants on the 4th of June prove that they are right. Salesforce.com Inc. has informed that it will spend $2.5 billion to acquire a high-value cloud computing service provider called ExactTarget IncSalesforce.com Inc. has informed that it will spend $2.5 billion to acquire a high-value cloud computing service provider called ExactTarget Inc.
It may not come as a surprise that green initiatives are being launched. This is an ultimate sign of growing understanding and developing the sense of responsibility for the future of humankind and the Earth as in fact good planets are hard to find.
In what many see as the backlash of poor performing in the first quarter and quick strategy to greater growth, International Business Machines Corp. (IBM) looks to sell-off its low-end server business. Interestingly, the most likely buyer could be Lenovo Group Ltd, the same Chinese company to which IBM had sold, in a game-changing move, PC business back in 2004.
On Tuesday, IBM is supposed to launch the latest iteration of its ever-popular mainframe computer which now comes with security upgrades and data analytics capabilities even as it makes an effort to reduce the steady fall of the company in the current slow state of the market for advanced business computers.
International Business Machines Corp. plans to acquire Kenexa Corp., human resources management company, for roughly $1.3 billion in cash. The latest IBM’ acquisition shows that the company continues to strengthen its online software applications set.