HP to buy cloud software startup Eucalyptus in rare acquisition

Hewlett-Packard plans to buy cloud software startup Eucalyptus Software, a rare acquisition for the company since its failed $11 billion purchase of Britain’s Autonomyin 2011. HP did not say how much it will pay for Eucalyptus, which provides open-source software for building private and hybrid clouds, or Internet-based computing services. A source familiar with the deal told Read more about HP to buy cloud software startup Eucalyptus in rare acquisition[…]

UK to sign nearly £2.4 billion in trade deals with China

(Reuters) Britain said on Friday that it was about to sign commercial deals with China worth more than 2.4 billion pounds, as Chancellor George Osborne prepared to meet China’s Vice Premier Ma Kai in London. Full details of the prospective transactions were not immediately available. But Britain’s finance ministry said they included a $1 billion joint venture Read more about UK to sign nearly £2.4 billion in trade deals with China[…]