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AT&T Joins the Cloud Crowd

AT&T announced its new cloud computing service on Tuesday, dubbed “AT&T Synaptic Hosting.” With the new offering, the telecommunications company joins Amazon, Google and IBM as a service provider in the nascent application hosting market. The service is aimed at providing companies with greater flexibility, improved performance and cost savings by eliminating the need to maintain their own data centers, according to AT&T. It is part of the company’s $1 billion planned global network investment for 2008.

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