All Posts Tagged With: "EMC"

There We Go Again: EMC Shares Rise On Acquisition Rumors

This is one rumor that just keeps coming back: Reuters is reporting that EMC shares rose as much as 6.3 percent yesterday on market speculation that the world’s largest maker of corporate storage equipment could be acquired. The company stills holds a majority stake in virtualization juggernaut VMware.

31Jul2008 | Robin Wauters | 1 comment | Continued

EMC Reports Strong Q2 Results, Might Spin Off VMware Anyway

So VMware performed below expectations, but how did parent company EMC do the past quarter? Not too shabby, actually. In its Q2 Earnings conference call (see transcript here), the company outlined that it had performed well against the backdrop of a challenging economic environment, although its outlook for the future was less rosy.

24Jul2008 | Robin Wauters | 1 comment | Continued

Diane Greene’s Departure from VMware: The Week After

It’s been exactly a week since word got out that VMware co-founder and acting CEO Diane Greene was leaving the company to be replaced with former Microsoft executive Paul Maritz, who prior to the move headed EMC’s cloud computing division. These are our thoughts and observations.

15Jul2008 | Robin Wauters | 1 comment | Continued

Gene Fay Leaves EMC, Joins VKernel As Top Sales Guy

Gene Fay is joining VKernel as Vice President of Sales. Fay was vice president of worldwide sales and global alliances for the security information and event management (SIEM) business unit of RSA, the Security Division of EMC.

8Jul2008 | Robin Wauters | 0 comments | Continued

EMC Shares Up On VMware Spin-out Rumors

Financial analyst Thomas Curlin of RBC Capital Markets upped his rating on the EMC stock to “Outperform” from “Sector Perform”, even as it trimmed the stock’s price target from $21 to a more modest $19. The focus of his call: the prospects for a spin-out of the company’s stake in VMware.

8Jul2008 | Robin Wauters | 0 comments | Continued

VMware Site Recovery Manager 1.0 Released

VMware has announced its new tool for disaster recovery management and automation of a virtual infrastructure, VMware Site Recovery Manager (SRM) 1.0 (build 97878).

23Jun2008 | Robin Wauters | 0 comments | Continued

EMC Joins Daoli Trusted Infrastructure Research Project

EMC has joined the Daoli Trusted Infrastructure Project which conducts research into “trust and assurance” in cloud computing environments. EMC joins a growing global research team that today includes four of China’s leading technical universities including Fudan University, Huazhong University of Science and Technology (HUST), Tsinghua University, and Wuhan University. The team’s research will focus on cloud computing, trusted computing and virtualization.

16Jun2008 | Robin Wauters | 0 comments | Continued

Credit Suisse Enters Virtual Infrastructure Management Software Market With DynamicOps

Swiss banking giant Credit Suisse Group launched a new spin-out today, aimed at taking an internally developed virtualization management platform to a commercial market. The new company, DynamicOps, is being funded by an undisclosed amount of capital from Credit Suisse’s Next II venture group.

2Jun2008 | Robin Wauters | 4 comments | Continued

Cisco And EMC To Merge?

We love rumors. This time, it’s not about EMC selling off its majority stake in VMware to say, Intel. President and chief editor of TMC, Rich Tehrani, is throwing another sweet-sounding one into the air: an upcoming merger between Cisco and EMC.

19May2008 | Robin Wauters | 5 comments | Continued

EMC To Release Controller Based Virtualization Later This Year?

According to the bloggers from RupturedMonkey, citing an ex-employee as ‘very credible source’, EMC is developing a controller to be built into a future release of Enginuity and rolled out in the DMX.

5Mar2008 | Robin Wauters | 1 comment | Continued

EMC Updates SAN Virtualization Solution Invista 2.1

EMC has introduced the latest version of Invista 2.1, its flagship SAN virtualization solution. Invista is an enterprise-class, network-based storage virtualization that combines EMC application software and hardware with intelligent SAN switches from Brocade and Cisco.

3Mar2008 | Robin Wauters | 0 comments | Continued

Former Microsoft Executive Paul Maritz Joins EMC To Head Cloud Computing Initiatives

Microsoft’s cloud computing team will not be happy to learn about this: Paul Maritz, former senior executive at Microsoft, is to become president of EMC’s cloud computing initiative, which competes directly with the Redmond-based software giant.

22Feb2008 | Robin Wauters | 3 comments | Continued
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