Items tagged with SoftLayer

Both EMC and IBM are reportedly considering a purchase of SoftLayer, a dedicated server, managed hosting, and cloud computing provider based out of Dallas, Texas. The deal, which is being handled by Morgan Stanley and Credit Suisse, could be worth as much as $2 billion, a hefty chunk of change for what's currently the world's largest privately held web hosting service. According to Reuters, SoftLayer warmed to the idea of a buyout after one if its customers, AT&T, approached the company. AT&T has since dropped out of the running. Image Source: Flickr (Tophost) Cloud providers are becoming... Read more...