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M&A Action: Akamai acquires FastSoft

In this week’s M&AS news, Akamai (AKAM) has acquired content acceleration software provider FastSoft, CA Technologies (CA) acquires Paragon Global Technology, and AMD invests in cloud-based gaming provider CiiNOW. Read More

ProfitBricks Sees Performance as Cloud Opportunity

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Achim Weiss and Andreas Gauger helped build Germany’s 1&1 Internet into a web hosting juggernaut. With their new company, ProfitBricks, the duo hope to disrupt the cloud computing market with a high-performance infrastructure as a service (IaaS) offering. Read More

Vendors Outline API Standard for PaaS Clouds

In cloud computing news, a group of IT companies lef by Oracle, Rackspace and Red Hat are set to submit a management specification for platform as a service (PaaS), and Quantum challenges Amazon Glacier with its new Q-Cloud. Read More

Hibernia Expands Direct Connect for Amazon

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As Amazon Web Services continues to extend its Direct Connect service, Amazon is now looking beyond specific data centers and providers, and offering private hookups through Hibernia Atlantic, a fiber provider with a network that spans dozens of major data centers. Read More

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