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EMC acquires 3 Cloud companies to push forward its Cloud strategy

Spanning Cloud Apps from Austin Texas was snapped up  for EMC’s “Born-in-the-Cloud” Data Protection Strategy

Spanning Cloud Apps a provider of data backup and recovery for cloud applications, acquired by EMC Corporation. The company will continue to operate under the Spanning Cloud Apps brand in Austin, Texas and will be the foundation of EMC’s “born-in-the-cloud” data protection strategy in its Core Technologies Division. Terms of the acquisition were not disclosed.

Spanning is a provider of backup and recovery for SaaS applications, helps organisations to protect and manage their information in the cloud.


Read more: EMC acquires 3 Cloud companies to push forward its Cloud strategy

Box on Fire

According to wall street journal Online storage company Box Inc. has filed for an IPO (initial public offering),  taking advantage of a law that allows start-ups to quietly file paperwork with the Securities and Exchange Commission without public disclosures.

The Los Altos, California based company, which just raised $100 million in December at a valuation of about $2 billion, is gearing up to go public amid intensifying competition in the online storage market. Prior to this the influx of cash, it was reported that Box first ventured into Europe with a piggy bank of $350 Million.  Which is remarkable for a ECM (Enterprise content management)  software company.

Money on  fire

This is definitely one to watch the burn rate on.

Read more: Box on Fire

Preparing the Channel for cloud-based services

An over view of what the cloud can do for you and the opportunities

As the market for new cloud-based services continues to grow,there is some nervousness among many channel partners about their role in the value chain,

often because when vendors deliver solutions like Software-as-a-service (SaaS) they feel it could cut them out of the loop. However, while there is no denying that traditional channel business models will be impacted by the move to cloud-based services, there are also a host of benefits for those channel partners willing to embrace the change. It is a golden opportunity for service providers to position themselves as ‘trusted advisors’ as end users look to embrace this emerging technology.


Read more: Preparing the Channel for cloud-based services

$700 Million Box take-over turned down

Filed for an IPO According to the Wall street Journal

Box, a venture-capital-backed company whose software lets workers store and access documents on the Web, is raising a new round of financing that would value the start-up at $1.2 billion, people familiar with the matter said, showing investors' continued enchantment with such technologies.

The move comes as Palo Alto, California based Box turned down a takeover offer of at least $700 million from Citrix Systems  earlier this year, the people said. Box plans eventually to go public at a valuation of as much as $2 billion to $3 billion, and could file for an IPO next year, they added.  We understand that they filed for an IPO 6 months ago and the side stepped, as the market was not being receptive.

Founded in 2005, Box is among a group of young companies that are vying to shake up the way people work storing and retrieving documents on the web. They aim to unseat or fill in perceived shortcomings in business-software offerings around the Cloud.

Read more: $700 Million Box take-over turned down

PC shipments in EMEA declined 16%,

According to the latest research from International Data Corporation (IDC), PC shipments in Europe, the Middle East, and Africa (EMEA) declined 16%, reaching 21.4 million units in the third quarter of 2013.

Read more: PC shipments in EMEA declined 16%,