EMC reports a drop in profits and also misses Wall Street analysts' expectations on revenue. The storage technology giant also announces it is buying back $1 billion in shares.
Lenovo and EMC are formally doing business together as their joint venture focusing on services that was announced last summer is officially underway.
Updated November 23, 2012
The partnership between two tech giants, each with a major presence in Research Triangle Park, is strained due to a recent acquisition made by VMWare.
October 24, 2012
EMC, the world's biggest maker of storage computers and which has a major presence in the Triangle, cut its sales forecast for the year and posted earnings that missed estimates as a weak economy prompted corporate customers to curb spending.
August 27, 2012
Inside the Bulldog Blog: AT&T reportedly is gearing for Sept. 21 launch of iPhone; a new Lenovo tablet shows up at Best Buy for $300; IBM reports a solar power breakthrough; EMC eyes acquisition.
Updated August 24, 2012
Inside the Bulldog Blog: Lenovo gains in China smartphone market; NetAdd adds jobs; John Chambers ponders Cisco future; EMC and Cisco becoming rivals.
August 16, 2012
Analysis: NetApp is under growing pressure from EMC as the firms, which both have growing presence in the Research Triangle,, battle for data storage clients.
NetApp touts innovation on its website
August 1, 2012
The world's No. 2 PC maker will own 51 percent of the joint effort and also will resell EMC hardware. EMC ends a similar agreement with Dell as part of the deal.
EMC operates several facilities in the Triangle area
July 24, 2012
The California software company makes a move on Monday to help networks run more efficiently while broadening its appeal to companies seeking to reduce hardware costs.
July 20, 2012
Virtual Computing Environment, which is expanding in RTP with some 50 new jobs, picks Praveen Akkiraju as its chief executive officer.
July 18, 2012
The move puts Pat Gelsinger, who is also chief operating officer for information infrastructure products at EMC, in charge of the world's largest maker of so-called virtualization software, which can cut costs by consolidating different systems on a single server computer.
Updated July 6, 2012
Red Hat, IBM, NetApp, Cree, EMC, Citrix shares take hits after latest unemployment news and warnings emerge about European economies. Cisco shares fall the least.
May 10, 2012
EMC Corporation announced on Thursday that is has acquired privately-held XtremIO in cash.
May 10, 2012
EMC Corporation will achieve financial objectives into 2014 by continuing to adapt its portfolio to an evolving market and expanding its roster of partners, according to Technology Business Research.
March 13, 2012
SonicWALL has more than 130 patents, registered and pending, and develops its own security products. More than 300,000 customers use SonicWALL products, including firewalls and secure remote access, along with email security, backup and recovery.
March 6, 2012
The Bulldog blog: IBM shares topped $20 on Monday; NetApp is losing and EMC is gaining storage market share; Facebook's Messenger is official; site license deal for Epic; Yahoo expected to make big job cuts.
February 14, 2012
The Justice Department signs off on Google's buy of Motorola Mobility as well as patents sold by Nortel and Novell to separate groups that include Apple.
Updated January 16, 2012
The Topology and Orchestration Specification for Cloud Applications is intended to ensure portability of cloud services. But will the effort pay off without some key players such as Amazon and Microsoft?
Updated November 30, 2011
A national real estate consulting firm's analysis puts the Raleigh-Durham solidly among areas to benefit from growth in high-tech services.
November 28, 2011
Both data storage technology firms have a major presence in the Triangle area. NetApp is reportedly looking at acquisitions to regain lost ground in its battle with EMC. NetApp also has been the subject of takeover rumors.
NetApp's main building in RTP