VoiP firm 8x8 signs cloud partnership

Internet telephone company 8x8 Inc said it entered into a partnership with Virtual Computing Environment Company to speed up deployment of its cloud computing services on a new platform, sending its shares up to an eight-year high.

VCE was formed by Cisco, EMC Corp with investments from VMware and Intel to tap into the fast-growing cloud computing market.

The VBlock platform

It developed the VBlock platform, which speeds up cloud computing as it provides network, storage, virtualization and management technologies in one place.