Tag: Cloud Market

San Francisco: Sending a strong signal towards dominating the emerging $1 trillion Hybrid Cloud market, tech major IBM has announced to acquire Open Source Solutions leader Red Hat for a massive $34 billion. The acquisition, IBM’s biggest so far, will provide open approach to Cloud, featuring unprecedented security and portability across multiple clouds, a joint […]

San Francisco: Cloud major Oracle is in for some tough times ahead as Microsoft and Google are fast eating into its core tech and Cloud businesses, JPMorgan analysts have said. According to a report on Fox Business on Thursday, JPMorgan analyst Mark Murphy has downgraded Oracle to neutral from overweight based on the CIO survey […]