Like politics or economics, computing goes through cycles.

FORBES

But PC prices dropped, and the economics of network computing collapsed.

FORBES: Cloud May Put Operating Systems Out of Their Misery

Driven by the counter-intuitive economics of the Internet and computing technology, the spread of Internet Everywhere is deconstructing the supply chains in a wide range of once-mature industries, including broadcasting, telecommunications, mass media, computing and consumer electronics, to name just a few.

FORBES: Telegram for the FCC: Time to Retire the Telephone Network

The deal would improve HP's position in key markets such as storage and high-end computing, as well as the economics of its PC business.

ECONOMIST: Not at all HP

"Cloud computing has brought a sea change to the data center--dramatically altering the economics of compute by changing the workload and optimal characteristics of a server, " said Andrew Feldman, SeaMicro CEO, who will become general manager of AMD's newly created Data Center Server Solutions business.

ENGADGET: AMD absorbs server startup SeaMicro for $330 million, says it's no impulse buy