Items tagged with NASDAQ:EMC

by Paul Lilly - Tue, Oct 14, 2014

EMC Gobbles Up Cloud Computing Start-Up Cloudscaling For $50 Million OpenStack Play

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...

by Joel Hruska - Sat, Dec 21, 2013

NSA Allegedly Paid RSA $10M To Implement Flawed Cryptography Standard

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... Read more...