Investments

Cloud and Web Hosting Industry Trends in Private Equity Investment

As the web hosting and cloud computing markets mature, the mix of companies achieving success in raising venture capital has changed. The industry has attracted well over a billion dollars in investment so far in 2017. However, most successful funding rounds have been focused on software rather than infrastructure. With… Read More

IBM Is Worst Performer on Dow as Cloud Services Unit Falters

(Bloomberg) — IBM fell the most in three months after reporting revenue that missed estimates, with sales in a key unit declining for the second consecutive period. The quarterly results, released Tuesday after the close of trading, further extend Chief Executive Officer Ginni Rometty’s turnaround plan into its fifth year without… Read More

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