HP to invest over $1 billion in open-source cloud computing
Hewlett-Packard Co said it plans to invest more than $1 billion over the next two years to develop and offer cloud-computing products and services.
The company said it will make its OpenStack-based public cloud services available in 20 data centers over the next 18 months.
OpenStack, a cloud computing project that HP co-founded, provides a free and open-source cloud computing platform for public and private cloud services.
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