IBM: IBM and EMC are among the companies in the...

5:42 PM IBM and EMC are among the companies in the running to buy Web hosting/cloud infrastructure firm SoftLayer Technologies in a deal that could sport a $2B+ price tag, Reuters reports. SoftLayer, locked in fierce competition with Rackspace (RAX) and Amazon, differentiates itself in part by offering hybrid solutions that feature both dedicated and virtual servers. The report comes as IBM targets $7B in 2015 cloud revenue, and EMC subsidiary VMware launches a new cloud infrastructure service. Read comments

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