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Moody's says SoftLayer deal good for IBM
Moody's says SoftLayer deal good for IBM
IBM will benefit from buying cloud-computing company SoftLayer, said credit-ratings agency Moody's on Wednesday. IBM said late Tuesday that it would buy the Dallas-based company, which operates 13 data centers in the U.S., Asia and Europe. The privately held company leases computing horsepower to s

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News Summary: Cloud computing rains deals
News Summary: Cloud computing rains deals
CLOUD DEALS: Two deals Tuesday highlighted the high-stakes scramble to buy some of the early leaders in the cloud-computing movement. BILLION-DOLLAR TARGETS: Salesforce.com Inc. said it will spend about $2.5 billion to buy ExactTarget Inc. Meanwhile, IBM Corp. is snapping up SoftLayer Technologies I

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News Summary: IBM buying SoftLayer; no terms
News Summary: IBM buying SoftLayer; no terms
THE DEAL: IBM is expanding its online software business with the purchase of cloud computing company SoftLayer Technologies Inc. Financial terms of the transaction were not disclosed. IN THE CLOUDS: Privately held SoftLayer has 13 data centers in the U.S., Asia and Europe. IBM Corp., based in Armonk

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IBM buying cloud computing company SoftLayer
IBM buying cloud computing company SoftLayer
IBM is buying cloud computing company SoftLayer Technologies Inc. to expand its online software business. Financial terms were not disclosed Tuesday. SoftLayer is a privately held company based in Dallas with 13 data centers in the U.S., Asia and Europe. Software stored and accessed on the Internet

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Toyota, Microsoft beef up Gazoo.com Net service
Toyota, Microsoft beef up Gazoo.com Net service
Toyota is teaming up with Microsoft for an Internet service that links cars, home computers and smartphones so users can find nearby tourist spots, connect on social networks and learn about new models. The beefed up version of Toyota's Internet site Gazoo.com starts May 30 in Japan, and will be ba

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