Tech titans are battling to pay big bucks for once bland computing firms. Two questions: Are they worth it? And who's next?
When tech titans HP (HPQ) and Dell (DELL) became entangled in a furious back-and-forth bidding war over 3PAR (PAR), they unwittingly introduced much of the public to a decidedly-unsexy area of tech that is becoming indispensable in our increasingly smartphone'd, tabletized, app-driven world : cloud computing.
In fact, HP's $2.4 billion acquisition MORE
JP Mangalindan, Writer - Sep 20, 2010 3:00 AM ET
Jon Fortt of Fortune interviews Kevin Brown, CEO of Coraid, about his startup's approach to storage for the cloud computing era.
(DELL) (HPQ) (CSCO) (NTAP) (EMC) (STX) (WDC) (VMW) (CTXS) (IBM)
Picture this: A brilliant engineer in a Georgia college town invents a cheaper way to do high-end storage. For nearly five years he and a small team quietly sell systems to demanding customers like the Nathional Institues of Health, which uses the technology for the Human Genome Project.
Eventually he realizes he can't run the company on a shoestring anymore and calls an old friend, who consults a legendary investor, who assembles MORE
Jon Fortt - Jan 25, 2010 7:00 AM ET
Social networking site elbows in on LinkedIn's job-finding franchise.
When it comes to finding a new job, they say it's all about who you know. With the rise of online social networks that has never been truer.
Today, 42% of adults in the U.S. with Internet access maintain a profile on a social networking site, up from 20% in 2007, according to Forrester Research. And in an economy where almost one-tenth of MORE
Jessica Shambora, Writer-Reporter - Sep 10, 2009 7:00 AM ET
By Scott Moritz
The tech sector -- read Cisco (CSCO), EMC (EMC), Dell (DELL), Hewlett-Packard (HPQ) -- got hit with more bad news as computer networking shop Foundry (FDRY) reported a sales shortfall in the first quarter. The news comes on the same day that everyone's favorite conglomerate, GE announced a stunning profit warning sending the market down early Friday.
GE (GE) said its weakness was in its financial services business, tied to MORE
smoritz - Apr 11, 2008 9:02 AM ET