Web 2.0 News

HP Acquires Opsware For $1.6 billion
HP has acquired IT Automation company Opsware for $1.6 billion. Whilst any acquisition of this size is interesting in itself, the back story to Opsware is even more so; Opsware was originally LoudCloud, a Web 1.0 company that took $350 million in funding during the Web 1.0 boom.

Source: http://www.techcrunch.com/2007/07/23/a-web-10-success-story-hp-acquires-opsware-for-16-billion/