Cloud computing deals agreed
Nikhil Kumar is The Independent's New York correspondent. He was formerly assistant editor on the foreign desk and has also done a variety of jobs on the city desk, where he wrote about markets, commodities and other business and economics topics.
Wednesday 05 June 2013
IBM has agreed to buy the cloud computing specialist Softlayer Technologies in a deal thought to be worth about $2bn (£1.3bn).
News of the buyout came as Salesforce, the enterprise software company focused on customer relationship management, said it was spending $2.5bn on ExactTarget, a cloud marketing platform. In cloud computing, applications and services are hosted remotely and accessed via the internet.
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