STME

Cisco | March 24, 2014

Cisco Systems plans to invest over $1 billion to expand its cloud business over the next two years, including building an OpenStack-based "network of clouds" with partners. The whole IT industry is moving to a world where more applications are running in hosted environments, and Cisco doesn't want to be left behind. The key building blocks of this push are Cisco Cloud Services and what the networking giant has dubbed an Intercloud, which will be hosted across a global network of Cisco and partne...

sdxcentral.com | January 23, 2020

Arista Networks bought SDN vendor Big Switch Networks, according to sources familiar with the deal.The purchase is Arista’s largest acquisition to date, according to a source. It’s also the networking vendor’s third acquisition Arista in 2018 snapped up cloud-managed WiFi firm Mojo Networks and then a month later bought Metamako, a provider of low-latency field programmable gate array (FPGA) products.While Arista ultimately won, Big Switch had a long list of suitors that wanted...

bloomberg.com | January 21, 2020

Google signed a 10-year deal with travel-software provider Sabre Corp., a key win for the search giant in the competitive cloud-computing market.Sabre will pay Google to handle parts of its information-technology system and for data-analytics tools. Additionally, the companies agreed to collaborate on online travel services, a sign of Google leaning on its massive consumer business to lure enterprise clients.Sabre and Alphabet Inc.’s Google announced the partnership on Tuesday as a “...

IBM | January 17, 2014

In a bid to grow fast and quick IBM announced Friday that it plans to inject $1.2bn into a new global network of datacentres to run its portfolio of cloud-based services in 13 countries. IBM’s senior vice president of global technology services Erich Clementi said the new datacentres will be tuned to run private and public sector mission-critical workloads.Less than a year after IBM paid $2bn for infrastructure as a services provider SoftLayer the company announced it is injecting a further $1.2...