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Items tagged with EMC
If you're tuning into the sites and sounds of Dell EMC World 2016 this week in Austin, Texas, you'll hear a lot about "modernizing the data center" with Dell EMC Infrastructure products, from servers to big iron storage. However, Dell is also showcasing new technologies near and dear to consumers, that are designed and built in Dell's Client Solutions group -- the personal computing business unit most folks are familiar with.During his morning keynote Jeff Clarke, Vice Chairman of Operations and President of Client Solutions for Dell, introduced Frank Azor, VP and General Manager of Dell's...
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We first got an inkling that Dell Inc. was interested in purchasing EMC Corp late last week, and today we received official confirmation of that deal. And as we expected back then, this a whopper of a deal — in fact, it’s being billed as the largest tech acquisition in history. The world’s No. 3 PC maker — with the help of MSD Partners and Silver Lake — is offering up $33.15 per share in cash and special stock for EMC, valuing the deal at $67 billion. The $33.15/share price is roughly 28 percent higher than EMC’s share price at close of day Wednesday October 7th; the day before the first reports...
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As companies become well-established in the market, and sometimes seem to become integral to it, an obvious move is to begin acquiring other companies to help bolster their offerings further. We see this often: Microsoft, Apple, Google, and many others regularly search the market for smaller companies that would be worth bringing in under their wing. It also happens on a larger scale, but those sorts of acquisitions are far from common. Well, if a new rumor that's floating around becomes true, the market will be hit by a rather amazing acquisition. The Wall Street Journal is reporting that Dell...
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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 Bloomberg and the "people with knowledge of the situation" that it spoke with. The sources asked not to be identified because the transaction hasn't been completed or made public knowledge yet, though it's also being reported that the deal has been confirmed by EMC spokesperson Dave...
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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 with rival Hewlett-Packard. This isn't the first time EMC has entertained the idea of merging with HP. The two sides have been engaging in talks throughout the past year, though nothing has materialized. Given the pressure its under, EMC may once again chat...
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According to a new report, the NSA once paid the RSA Security $10M to implement a flawed security standard as the default protocol in its products. This new information builds on allegations from September that claimed the RSA had deployed a flawed, broken cryptographic standard. The new allegations, like much of what we've learned about the modern National Security Agency, comes from the files one-time Booz Allen contractor Edward Snowden began releasing this spring. If true, the blowback could destroy the RSA's credibility in the cryptographic world. The practical fallout from this news is likely...
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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 will emerge at Pivotal’s official launch on April 29th. Pivotal is taking on Amazon; if there was any doubt that Amazon needed a competition in the cloud services market, just note how much of the Internet disappears every time Amazon’s AWS experiences...
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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 held web hosting service. According to Reuters, SoftLayer warmed to the idea of a buyout after one if its customers, AT&T, approached the company. AT&T has since dropped out of the running. Image Source: Flickr (Tophost) Cloud providers are becoming...
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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 all-flash endeavor, is coming to market in 2013. Although flash technology has been used in the enterprise for some time, EMC says that Project X is about building a complete storage, server, and software solution from the ground up based on flash instead of merely...
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EMC announced its new VFCache (formerly known as “Project Lightning”), a PCIe-based enterprise flash storage solution that uses both hardware and intelligent caching software to deliver speedy access to data. EMC claims that it can reduce latency by 60% and increase performance threefold. VFCache works with EMC’s own FAST (Fully Automated Storage Tiering) technology, which dynamically assigns more “active” data to faster, lower-latency storage and puts “inactive” data on less expensive, high-capacity storage. If that sounds like the large-scale enterprise...
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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 departure of longtime Intel veteran Pat Gelsinger. Intel describes the corner office shake-up as an array of "organizational changes" that'll lead to the expansion of some "key executive responsibilities." Here is Intel's blurb on the matter:"The changes align the business around the core...
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EMC and Microsoft Extend Strategic Alliance Through 2011 to Deliver Efficient Information Infrastructures and Empower Workers EMC CEO Joe Tucci and Microsoft CEO Steve Ballmer showcase deep technology collaboration at New York CIO Summit. NEW YORK -- Feb. 3, 2009 -- EMC and Microsoft Corp. today announced a three-year extension of their strategic alliance through 2011. The two companies are committing to broader and deeper product interoperability and service delivery to address key customer requirements including virtualization, security and content management through the powerful...
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EMC, Intel Form OEM, Technology Relationship SAN DIEGO, Storage Networking World, April 4, 2006 – EMC Corporation and Intel Corporation today announced a multi-year storage original equipment manufacturer (OEM) and expanded technology agreement focused on the growing storage requirements of small- and medium-sized businesses (SMBs). As part of the agreement, Intel will offer a networked storage system based on the EMC CLARiiON AX150, introduced yesterday, to Intel resellers and distributors worldwide. Resellers will offer the easy-to-use, cost-effective system to customers under their own...
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