Posts tagged “EMC”
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.
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.
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.
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.
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.
IBM tops $200; EMC gains, NetApp loses market share; Facebook Messenger; Epic's license deal; Yahoo cuts
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.
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?
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.
The companies each invest $2.5 million in the project that is a collaborative effort of five universities. The site of a former textile mill is being turned into the Massachusetts Green High Performance Computing Center.
The massive 450,000 square foot complex will house operations focused on "cloud" computing as well as research and development. EMC is investing some $280 million to expand its North Carolina operations and to add nearly 400 jobs.
- Cisco starts layoffs in RTP; how many workers hit not disclosed
- $10B deal? Reports say Raleigh-based Salix talking sale to Allergan
- US, Europe stocks hit by soft data, Syria conflict
- Survey says: Raleigh No. 2, Durham No. 3 in drawing most educated
- Duke Energy wants to modernize street lights with LED fixtures