The "Cloud Wars": M&A Activity In The Cloud Computing Space

Working in the Cloud

Cloud computing allows users to perform computer tasks entirely over the Internet. Most people have been using the cloud for years through services such as Google Apps, GoDaddy.com, and Salesforce.com. A cloud service is typically sold by the minute, the hour or by the seat (i.e. person) and can provide as much or as little service as required (significantly reducing the requirements for acquiring and maintaining IT infrastructure), managed by the provider. Cloud access can be public (Amazon.com) or private (proprietary network accessible to a limited number of users). Working in the cloud provides secure, real time services, allowing a user to:

• Sync your PC and all of your mobile devices