Business Deals

Eucalyptus, rPath Back a New Private Cloud Effort

Grazed from GigaOM.  Author: Om Malik.

NewScale, rPath and Eucalyptus Systems are working on a new self service, private cloud initiative which is going to be announced on August 24. This new effort is going to an integrated offering that is targeting hybrid and private clouds. This will be yet another offering that would perhaps compete with a whole series of companies and efforts, including the open source cloud stack, OpenStack. More details will likely emerge around the time of VMworld 2010.

Google Buys Jambool to Rival Facebook Credits

Grazed from eWeek.  Author: Clint Boulton.

Google confirmed that it acquired Jambool, whose Solid Gold platform provides a virtual currency service for providers of online games and others who want to put payment options in their applications.

TechCrunch broke the news Aug. 9, saying the deal was worth $70 million. Jambool and Google confirmed the deal Aug. 13.

Jambool's Solid Gold virtual payment platform lets application developers insert payment options into online games and other applications.

Mobile Cloud Making Impact on Midmarket Businesses, Report Finds

Grazed from eWeek.  Author: Nathan Eddy.

Mobile cloud applications are set to make deep inroads into the small and midsize business market, according to a cloud computing research report from IT research firm AMI-Partners. The research suggested that the expansion of mobile cloud (the use of mobile applications hosted by third-party providers) is being driven by the rapid growth in the number and utility of cloud applications, and by the cost savings and relative ease of use they offer. Above and beyond application provider revenues, telcos are expected to generate additional mobile data-driven revenues as well, the report concluded.

Changing the Psychology of IT in the Era of the Cloud

Grazed from IT Business Edge.  Author: Michael  Vizard.

Most therapists will tell you that unless the patient is committed to change, no amount of therapy is going to make any substantial difference in their lives.

Right now, IT organizations are confronted with a host of innovations, starting with virtualization right on up to cloud computing, that require a new approach to IT. The question is: How committed are IT organizations to embracing those changes?