Comments on: HP Buys LeftHand Networks to Boost Storage Chops

By: Cerberus…who writes the RFP? | The SAN Technologist

Cerberus…who writes the RFP? | The SAN Technologist — Fri, 31 Oct 2008 11:16:43 +0000

[...] HP Buys LeftHand Networks to Boost Storage Chops [...]

By: Storage Startups Turn Cache Into Cash - GigaOM

Storage Startups Turn Cache Into Cash - GigaOM — Fri, 03 Oct 2008 12:39:10 +0000

[...] And they’re willing to pay extra for them. That focus on storage is one of the reasons that HP said on Wednesday that it had agreed to spend $360 million to buy LeftHand Networks, whose software can be used to create virtualized storage clouds on an Ethernet [...]

By: HP makes a $360 million acquisition in storage » VentureBeat

HP makes a $360 million acquisition in storage » VentureBeat — Wed, 01 Oct 2008 19:13:47 +0000

[...] deal is similar to a $1.4 billion dollar one Dell made last year to buy EqualLogic, GigaOM points out. That purchase was the biggest cash purchase of a private tech company. This one is significantly [...]

By: HP Buys LeftHand Networks for $360 Million | Management Newsfeed Update

HP Buys LeftHand Networks for $360 Million | Management Newsfeed Update — Wed, 01 Oct 2008 16:43:44 +0000

[...] to the everyone involved in LeftHand Networks – it was announced today that HP is buying them for $360 Million in cash. LeftHand was born and raised in Boulder and is a large company (and acquisition) for [...]

By: BroadDev - Unified Communications, Virtualization, Security, and Web 2.0 » HP LeftHand Now Knows What the RightHand is Doing - HP’s LeftHand Cost them $350 Million in Cash

Wed, 01 Oct 2008 16:06:28 +0000

[...] HP buys LeftHand Networks in a move that focuses HP on building and delivering an Infrastructure 2.0 solution. HP is often left in the dust on the buzz behind Amazon and VMWare but HP has a deep bench in the cloud area and enterprise to be specific. If the LeftHand can figure out what HP’s RightHand is doing then we might see a nice winner here. [...]

By: Ted Murphy

Ted Murphy — Wed, 01 Oct 2008 14:29:35 +0000

This is a hot area, and I suspect it will continue for the next five years. Large datacenters can save a bunch by moving to utility computing:

“Moving to a virtualized server environment is extremely compelling for corporate data centers. In a case study of British Telecom, for example, 1,356 physical servers were consolidated to 102 with a power savings of around one megawatt, a space savings of 293 racks, and a reduction in the number of ports utilized by 4,000. Put another way, moving to a virtualized server environment reduced BT’s data center footprint by over 90%. There’s big savings to be had here.”
http://vcastocks.com/index.php/reports/network-storage-and-3par-inc-par/

Anyway, I like the area. I’d buy 3Par, trading at coincidentally $360 mm mkt cap right now (there are 60 mm PAR shares outstanding).

By: schwasj

schwasj — Wed, 01 Oct 2008 14:03:54 +0000

I also commented on this press release, we always knew it was a question of when HP would pull the trigger, not “if”.

http://thesantechnologist.com/?p=135