Dell EMC Sells SaaS Backup Firm Spanning to Private Equity

SaaS data protection provider Spanning Cloud Apps announced on Thursday that it has been acquired by affiliates of Insight Venture Partners from Dell EMC, which acquired Spanning in October 2014. Terms of the deal have not been disclosed. With the transaction Spanning Cloud Apps will become an independent company operating under the Spanning brand in Austin, Texas. According to a statement, Dell EMC will remain […] Read More

Verizon to flag off 5G services for residents from mid 2018

The residential broadband services are estimated to cover 30 million homes across U.S.   Telecom biggies Verizon are tipped to roll out 5G broadband services for American residents next year. Sources say that Verizon plan to flag the services off at Sacramento, California in the second half of 2018 and plan to cover 30 million American households. Sources claim that Verizon had been testing this […] Read More

Online Tech Acquires Echo Cloud to Reach Midwest Marke

Michigan-based hybrid cloud service provider Online Tech has acquired Kansas City-based enterprise cloud company Echo Cloud to boost its reach in the Midwest market. The acquisition will bolster its compliant services, and increase the geographical diversity of its cloud infrastructure, according to a Wednesday announcement. With the acquisition Online Tech adds two edge data centers in the Kansas City area to its network of four data centers in Michigan and one […] Read More

Webair announces USD 20M investment in its New York data center

Investment channelized towards making cloud and disaster recovery upgrades at the data centers by leveraging job opportunities. Agile cloud infrastructure provider Webair has announced a USD 20 million investment in their Long Island, New York (NY1) data center with an aim to create employment opportunities over the next four years. Sources say that this investment has come as a result of Webair’s acceptance into New […] Read More

Pirate Bay Co-Founder Launches Domain Anonymization Service

Former Pirate Bay spokesperson and co-founder Peter Sunde has launched a domain name registration anonymization service called Njalla, offering to protect customer data and privacy by owning the domain on behalf of the customer. Njalla takes it name from a traditional storage hut elevated by poles to keep its contents safe from animals. The company is not itself a domain registrar, and does not offer ownership […] Read More

Cloud Giant Microsoft Acquires Deis from PaaS Company Engine Yard

Cloud giant Microsoft has acquired Deis from San Francisco, California-based Platform-as-a-Service (PaaS) company Engine Yard. Microsoft, which has headquarters in Redmond, Washington, United States, aims to attract developers to the Deis platform which offers tools for adding applications to containers running on single physical servers. Financial aspects of the deal were not released. Containers make it easier to build applications and put them in the cloud. They […] Read More

Cloud Data Warehouse Firm Snowflake Opens Seattle Office

Cloud data warehouse company Snowflake Computing opened a new Seattle-area engineering office Thursday to attract talent from the Pacific Northwest and augment its Silicon Valley headquarters. Demand for Snowflake’s service for enterprises has grown exponentially, the company says, and it requires a fresh supply of world-class engineers to fuel its continued innovation. The new office is located in downtown Bellevue, which is often ranked one of the […] Read More