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EMC, a major player in IT storage hardware solutions for data backup and recovery chores headquartered in Masschusetts, has reportedly agreed to acquire Cloudscaling Group, a San Francisco-based startup that provides on-premise elastic cloud infrastructure solutions, for less than $50 million. That figure comes from... Read more...
EMC, a player in the IT data storage field and headquartered in Hopkinton, Massachusetts, is trying to decide what direction to go in once its Chief Executive Officer Joe Tucci steps down early next year. Under pressure from hedge fund Elliott Management Corp., which now has a big stake in the company, EMC is once again considering a merger... Read more...
The Hand of Thief Trojan made waves among security experts when RSA first announced the for-sale malware. But now that RSA has had a chance to run additional analysis, the security arm of EMC is toning down its alert. It seems that the Hand of Thief is basically a prototype. The only people getting swindled at the... Read more...
Linux users have long been able to claim that their platform of choice is about as safe as an OS can get, but that sentiment is getting a little harder to side with thanks to the recent discovery of the 'Hand of Thief' trojan - it's a bad one, so listen up. Hand of Thief's goal is to lead you to financial ruin by... Read more...
EMC and VMware have pooled their resources to create Pivotal, a competitor to Amazon and its cloud services dominance, and according to the New York Times, Pivotal is now officially a company. Paul Maritz (pictured, inset), former CEO of VMware and a past executive at Microsoft will head the new company. Further details on senior leadership... Read more...
Both EMC and IBM are reportedly considering a purchase of SoftLayer, a dedicated server, managed hosting, and cloud computing provider based out of Dallas, Texas. The deal, which is being handled by Morgan Stanley and Credit Suisse, could be worth as much as $2 billion, a hefty chunk of change for what's currently the world's largest privately... Read more...
EMC has been talking publicly about an all-flash datacenter storage array for about a year and a half, and the company has put its money where its mouth is, so to speak, by developing acquiring flash array maker XtremIO this spring and developing flash products such as its VCache enterprise flash storage. Project X, the code name for this... Read more...
We've always heard that fall was a time for change, and evidently Intel's a firm believer in that very mantra. In a release issued today by the chip giant, a whole heap of organizational changes were announced during the run-up to IDF 2009 in San Francisco later this month, with the most notable change being the... Read more...