EMC CEO is Persuaded to Delay Retirement Indefinitely

By jobmouse on  From thejobmouse.com
The chief executive of EMC Corp., who planned to retire this December, has been persuaded to delay his exit indefinitely given the latest financial successes of the company. Joseph Tucci, 64, says that businesses are still investing in storing, analyzing and protecting huge amounts of data despite the global slowdown in spending on information technology, [...]Read Full Story

EMC Unit RSA to Replace Security Tokens After Data Breach - BusinessWeek

By latestbusinessreport on  From latestbusinessreport.com
Moneycontrol.comEMC Unit RSA to Replace Security Tokens After Data BreachBusinessWeekJune 7 (Bloomberg) -- EMC Corp.'s security-systems unit RSA offered to swap the SecurID tokens it provides to clients such as defense contractors and government agencies after a network breach disclosed in March resulted in the theft of ...EMC Unit RSA Offers to Replace Customer Security Tokens After Data BreachBloombergEMC's RSA unit takes post-breach stepsBizjournals.comSecurity 'Tokens' Take HitWall Street...Read Full Story

EMC's Tucci sees hybrid cloud becoming de facto standard - Computerworld

By latestbusinessreport on  From latestbusinessreport.com
ComputingEMC's Tucci sees hybrid cloud becoming de facto standardComputerworldComputerworld - LAS VEGAS -- As far as EMC CEO Joe Tucci is concerned, the future of his company is the hybrid cloud and big data analytics. Speaking to about 6000 user customers and several reseller partners at the company's annual ...EMC cloud weds big data in temporary temple in VegasRegisterEMC Enables Service Providers to Accelerate Customers' Journey to Cloud ComputingPR Newswire (press release)EMC CEO...Read Full Story

Pure plays pay: EMC, NetApp surge on the storage market share rankings

By techweet on  From techweet.com
ZDNet EMC and NetApp gained share in the first quarter as pure play storage makers shined, according to IDC data. IDC's market share standings tell the tale: The IDC data backs up what EMC's Pat Gelsinger said at an investment conference. Gelsinger, president and chief operating officer of EMC's information infrastructure and cloud services, said Tuesday: Discussion: CNETRead Full Story

EMC to acquire NetWitness in wake of RSA cyberattack - SearchSecurity.com

By latestbusinessreport on  From latestbusinessreport.com
CNET (blog)EMC to acquire NetWitness in wake of RSA cyberattackSearchSecurity.comBy SearchSecurity.com Staff Less than a month after a sophisticated attack successfully breached its signature product line, RSA, the Security Division of EMC Corp., announced today it will be integrating the company and technology central to the ...EMC/RSA acquires electronic threat detection firm NetWitnessNetwork WorldEMC Buys NetWitness to Bolster RSA SecurityXconomyEMC brings NetWitness into RSA foldIT...Read Full Story
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Look out Box Inc.: EMC just acquired a Dropbox also-ran
EMC Corp. (NYSE: EMC) appears to be setting its sights on beating Dropbox to the enterprise and Fortune 500 software buyer. On Monday, Syncplicity, an early Dropbox competitor whose growth was dwarfed by the popular file sync and sharing service, announced its acquisition by EMC. In a blog post, Syncplicity executives took aim at enterprise customers that Dropbox reportedly covets. Sync-and-sharing competitor Box.net is already serving...  
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RSA renews major office lease in Bedford
RSA, the Security Division of EMC Corp. (NYSE: EMC) inked a 328,232-square-foot office lease renewal at 174 & 176 Middlesex Turnpike in Bedford, Mass. The two interconnected buildings at 174 & 176 Middlesex Turnpike serve as RSA’s world headquarters. The corporate campus, built in 2001, is located on 55 acres along Route 3 in Bedford, 15 miles northwest of Boston. Terms of the deal were not disclosed. First quarter data from Jones Lang...  
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EMC ExtremIO acquisition: 7 more flash storage co's worth watching
EMC's acquisition of Israel-California storage startup XtremIO is an early eruption in a big-data rivalry between EMC Corp. (NYSE: EMC) and NetApp (Nasdaq: NTAP), its West Coast storage rival. The battle is over flash storage – the same technology that is at work in the solid-state drives (SSD) inside your iPhone and the flash drive you carry in your pocket. Both NetApp and EMC reportedly courted three-year-old XtremIO, which apparently found...  
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EMC Corp. Buys VC-Backed XtremIO
Publicly traded EMC Corp. is buying Flash storage company XtremIO, the company announced. Terms of the deal were not released. San Jose, Calif.-based XtremIO is backed by Battery Ventures, Giza Ventures, Jerusalem Venture Partners and Lightspeed Venture Partners, and closed its most recent round in December, with $19 million. PRESS RELEASE EMC Corporation (NYSE: EMC) [...]  
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EMC buys flash memory company
EMC buys flash memory company (AP) — EMC Corp., one of the world's largest makers of data-storage computers, said Thursday that it was adding to its flash storage product lineup with the purchase of an Israeli company. EMC sells storage products used for "cloud computing," a catchphrase for the practice of storing software and information on remote servers kept outside a home or office instead of on a single computer kept on the owner's...  
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