cloud news

Plesk Acquired by Oakley Capital Private Equity for $105 Million

Plesk announced today that it has completed its separation from Parallels Holdings Limited having been acquired by mid—market private equity investor, Oakley Capital Private Equity (Oakley Capital), in a transaction valued at $105 million (€95.9 million). As an independent company and with Oakley Capital’s investment, Plesk will move beyond traditional web hosting into the hyperscale cloud. By forging a strong partnership with Automattic — who operate WordPress.com, Plesk anticipates becoming the market leader in WordPress management. Plesk will offer web professionals push-of-a-button access to advanced tools like Docker, support for microservices, and simplified cloud management. Jan Löffler, Chief Technology Officer, Plesk said in his statement, “The growing dominance of hyperscale clou...

IBM offers SAP platform in public cloud,Opens Data Center in Spain

IBM yesterday announced global availability for its cloud service on five continents—plus a new center opening in Spain—based on its industry-leading sourcing business to host SAP applications and other core operations. Now clients can turn to cloud computing for enterprise applications while reducing the overall cost of IT and at the same time, expanding online access and investing in innovative analytics, social business and mobile computing. Many organizations are eager to leverage the economic advantages of cloud computing to run their critical applications on the cloud. These applications require deep technical expertise, around-the-clock customer service, tight security and ongoing maintenance – features typically found in IT sourcing arrangements but not in the “one-size-fits-all” m...

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