Dell announced on Monday it will acquire data storage provider 3Par for about $1.15 billion.
3Par investors will receive $18 a share in cash, which is nearly twice the stock's closing price of $9.65 on Friday.
Fremont, California-based 3Par manufactures hardware and software for reducing data storage requirements.
GoDaddy announced today it is the title sponsor of the Arizona Humane Society’s 12th Annual Pet Telethon and will match online donations, dollar for dollar up to $100K, during the annual fundraiser.
This is the second consecutive year the telethon will be presented by the Ariz.-based Web giant.
Despite the 114MW of wind power capacity that it purchased from an Iowa wind farm for the next 20 years, Google will not be using this renewable energy to power its data centers anytime soon, according to a report by Forrester Research analyst Doug Washburn.
In April, Google revealed it formed its new subsidiary, Google Earth, to purchase and sell power on the wholesale market.
Arizona data center service provider, CoreLink Data Centers, is pleased to announce the completion of the Phoenix facility expansion.
Web hosting provider Rackspace Hosting announced on Tuesday it has begun general availability of its Cloud Servers for Windows offering.
The announcement comes less than a month after Rackspace launched its open-source cloud platform OpenStack, where it revealed it is donating the code that powers its Cloud Files and Cloud Servers public-cloud offerings to the OpenStack project.
Web host The Planet has launched a free, online technical support library designed to help individuals and businesses quickly and easily find solutions tailored to their environments.
IT security solutions firm Symantec announced on Tuesday it has completed its acquisition of VeriSign's identity and authentication business.
Rumors and speculation were the hot topic during HostingCon 2010 about the possible merger of Houston-based ThePlanet and Dallas-based SoftLayer and brought to a high possibility by the purchase of 70% equity in SoftLayer by GI Partners.
IT infrastructure provider Terremark reported on Thursday it earned revenues of $79 million in the first quarter, representing an 20 percent increase over last year.
The company revised its projected full-year 2011 revenues of $345 to $350 million, a slight increase from its previous forecast of $338 to $343 million.
LinkedIn recently announced that it made its first acquisition, buying recommendation service mSpoke for an undisclosed price
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