Business
ADHC FORMALLY ENTERS $160 BILLION CLOUD COMPUTING INDUSTRY
ADHC FORMALLY ENTERS $160 BILLION CLOUD COMPUTING INDUSTRY.
About this update from American Diversified Holdings Corp.
[{"type":"text","content":"ADHC FORMALLY ENTERS $160 BILLION CLOUD COMPUTING INDUSTRYAMERICAN DIVERSIFIED HOLDINGS CORPORATION COMPLETES ACQUISTITION OF CLOUD COMPUTING COMPANY REBEL NETWORKS DEL MAR, Calif., JUNE 17, 2011 -- American Diversified Holdings Corporation (:ADHC.PK) (www.americandiversifiedholdings.com) announced that it has completed the acquisition of Mississauga, Ontario based cloud computing company Rebel Networks. Domenic Macchione, President and CEO of Rebel Networks, Inc., stated: this is a major development fo us as it will allow us to expand our current cloud platform to a broader scale, allow us to expand our cloud offerings at a more rapid pace, and make Rebel Networks a major player in the cloud computing space. This opportunity will also open up new markets in ehealth, mobility and the area of HIPAA compliance.” ABOUT REBEL NETWORKS Rebel Networks is a leading provider of outsourced Internet infrastructure and related managed web solutions. Rebel Networks services include the provision of self- managed and fully managed dedicated servers, unmanaged collocation services, domain names services, Web Design, Application Development, & shared web hosting solutions. Rebel Networks deploys secure, scalable, high performance business solutions to customers ranging from small, emerging businesses to large, and enterprise corporations. For more information visit www.REBELNETWORKS.comABOUT CLOUD COMPUTINGRecent estimates my Merrill Lynch pegged the Cloud Computing Industry to Generate over 160 billion in Revenues by the end of 2011. Cloud computing describes computation, software, data access, and storage solutions that do not require end-user knowledge of the physical location and configuration of the system that delivers the services. Parallels to this concept can be drawn with the electricity grid where end-users consume power resources without any necessary understanding of the component devices in the grid required to provide the service. Cloud computing is a natural evolution of the widespread adoption of virtualization, service-oriented architecture, autonomic and utility computing. Details are abstracted from end-users, who no longer have need for expertise in, or control over, the technology infrastructure \"in the cloud\" that supports them. Cloud computing describes a new supplement, consump...