HP Spends $1 Billion On Helion Cloud Push

HP Spends $1 Billion On Helion Cloud Push: " . . . The cloud portfolio, known as HP Helion, is made up of a portfolio of OpenStack cloud products and services designed to help businesses build, manage and consume workloads in hybrid IT environments. To this end, HP said it will expand the availability of its cloud software from two data centres currently (out of a total of 80 data centres worldwide), to 20 data centres over the next 18 months. HP was already committed to OpenStack, which was created by Rackspace and NASA, and has strong backing from players including Red Hat, IBM and Oracle. The $1 billion investment over the next two years will be spent on cloud-related product and engineering initiatives, professional services. The HP Helion portfolo will include both new cloud products and services, as well as existing ones...."

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