The global data center market is forecast by TechNavio to increase at a 10.7 percent compound annual growth rate through 2016. The move by enterprises to centralize their IT resources is expected to be a major driver for the data center market.
Billionaire investor Carl Icahn and his partner Southeastern Asset Management could be ready to walk away from their effort to acquire Dell, according to AllThingsD citing a story by CNBC.
In a filing with securities regulators, billionaire investor Carl Icahn and Southeastern Asset Management are urging Dell shareholders to reject the offer by Michael Dell and his investor group to take the company private, according to an AP report.
EMC gained market share from rival HP in the worldwide disk storage system market for the first quarter of 2013, according to the latest stats from IDC.
The big data market in Asia (not including Japan) is expected to reach $603 million this year, according to IDC research.
In a presentation filed with securities regulators on Wednesday, Dell's board argued that the offer by billionaire investor Carl Icahn and Southeastern Asset Management to keep Dell public is underfunded by $3.9 billion, according to a report by the New York Times.
HP and IBM are vying for the lead in a shrinking server market, according to two reports released last week, one by IDC and the other by Gartner.
Billionaire investor Carl Icahn is working with partner Southeastern Asset Management to raise $7 billion from lenders to fund a bid for struggling computer maker Dell, according to a report by Reuters. Jefferies & Co. is reportedly leading the lending group and has committed $1.6 billion in funding.
France Telecom's Orange Business Services is expanding its Flexible Computing infrastructure-as-a-service (IaaS) product for enterprises to North America and Asia, the firm announced this week.
Cloud and mobility deals continue to drive high-tech mergers and acquisitions (M&A), according to quarterly stats compiled by accounting firm Ernst & Young. Aggregate high-tech M&A value increased 58 percent year over year and 24 percent sequentially.