Tags: Cloud computing
IBM reveals US regulators investigating their cloud computing revenues
IBM Corp disclosed that the SEC is probing how the revenues of their cloud computing business is generated.
IBM offers growth through cloud computing
IBM's effort to modernize and remain competitive would offer a lot of room for growth to its investors.
IBM issues US$2.15 billion worth of bonds
IBM issued US$2.15 billion worth of bonds with two ten-year offerings. The biggest computer services provider, International Business Machine Corp. , was able to raise US$2.
CORRECTION: Oracle expects US$38.87 billion in revenues for fiscal year 2014
Oracle signed a nine-year deal with Salesforce to boost its efforts on cloud computing and hardware enterprise.
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Shutterfly purchases and acquires MyPublisher. In an announcement calling the recent move as 'best in class', Shutterfly CEO Jeffrey Housenbold said that when MyPublisher is used with Shutterfly's cloud based system, the platform would 'set the standard for design, choice and quality in the personal publishing and social expression category.
Instart Logic raises new funding for its expansion plans. In an announcement by Instart Logic, it was disclosed that the company was able to secure US$17 million financial infusion coming from its Series B fundraising round.
Raising funds by VisibleBrands raised US$4.6 million for digital cloud promotions in-store. The close of a Series A round of funding and follow on Series B Convertible Note by VisibleBrands has raised US$4.
Midokura's network development software boosts its capital infusion with US$12M from INCJ and US$5.2M for other investors.
EMC and VMware venture into Pivotal to maximize asset potential. Software giant VMware Inc has projected revenue growth in the high 20's by year 2016 as its parent company EMC Corp announced a new revenue target.