Hi all,

FYI.

Take care,

Jay

Hewlett-Packard to Develop Cloud Products in China: CEO

By REUTERS, June 28, 2011

http://www.nytimes.com/reuters/2011/...gewanted=print

BEIJING (Reuters) - Hewlett-Packard Co, the world's No.1 PC maker, plans to develop cloud computing products in China, Chief Executive Leo Apotheker said on Wednesday.

Apotheker also said at a news conference in Beijing that a dispute with Oracle Corp, which took over Sun Microsystems, over Intel Corp's Itanium server microprocessor would have little impact on its partnerships.

HP and Oracle became intense rivals after Oracle's purchase of Sun Microsystems pushed it firmly into the server hardware market, in which it previously cooperated with HP.

(Reporting by Terril Yue Jones; Editing by Chris Lewis)