Scalper1 News
Hewlett-Packard has stepped up investments in cloud computing, prompting some analysts to speculate that it could make a big move such as acquiring Rackspace Hosting. That, however, would require HP (HPQ) to ratchet up its spending significantly, since Rackspace (RAX) could sell for $6 billion or $7 billion. HP in May said that it plans to spend $1 billion over the next two years to develop cloud products and services. At an annual conference for Scalper1 News
Scalper1 News