Nearly a year after HP announced its cloud computing plans, it has finally gotten serious about the internet by creating a specialized business unit around it, according to AllThingsD. Dubbed the Converged Cloud unit, it'll be headed by Saar Gillai who has been promoted to senior VP. The unit will manage all things cloud, from hardware and services to its marketing and networking partners. Judging from its recent financial woes, perhaps this renewed gamble on internet services will push it further into the black.

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Hewlett-Packard creates Converged Cloud unit, gets serious about the internet