(Ping! Zine) – HP and 3PAR Inc. today announced that they have entered into a definitive agreement under which HP will purchase 3PAR, a leading global provider of utility storage, through a cash tender offer of $33 per share in cash, or an enterprise value of $2.35 billion. The transaction has been approved by the boards of directors of both companies.
Combining 3PAR’s leading-edge utility...
(Ping! Zine) – AT&T today announced that it has completed the sale of its domestic Japanese outsourcing services operations to Internet Initiative Japan Inc. The companies originally announced the transaction in June 2010. As part of the sale, AT&T will transfer approximately 1,600 domestic Japanese business customers and approximately 245 employees who support those customers to IIJ.
AT&T...
(Ping! Zine) – Federal regulators have recently abandoned efforts to negotiate a deal between Internet service providers and web companies over net neutrality rules.
The FFC announced on Thursday, it has ended its efforts in trying to provide a compromise between the various companies, citing that weeks of negotiations had not “generated a robust framework to preserve openness and freedom...
(Ping! Zine) – Open Hosting Inc. (OHI) announced it has secured a new data center facility in Miami, Florida. The state-of-the-art, SAS70 compliant facility is centrally-located facility greatly expands OHI’s network footprint and utilizes the latest technological innovations in providing world-class reliability and connectivity to ensure business continuity and maximum up-time for OHI customers. ...