IBM invests $360 million in cloud computing

Posted by Scott_Ruecker on Aug 3, 2008 12:31 PM EDT
iTWire; By Davey Winder 		Mail this story
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Last week iTWire reported how HP, Intel and Yahoo! are joining forces to spearhead a global and open source test bed for the advancement of cloud computing. Now IBM has thrown a few hundred million into the technology as well. It would appear that IBM has its head in the clouds, along with its wallet. The company has announced it has plans to build a $360 million state-of-the-art cloud computing data centre in the Research Triangle Park facility, North Carolina.

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