Posts tagged “EMC”
Massachusetts-based EMC (NYSE:EMC), the digital storage company, has replaced Bob Hawkins, recently retired head of its Triangle operations, with Carol Flack. EMC has 1,425 employees at its locations in Apex and Durham.
On what's being called "Manic Monday" with the Dow and Nasdaq plunging before recovering then dropping again, Durham's Cree and Novozymes, which has a big presence in Franklinton, bucked the selloff. Take at look at the WRAL TechWire "30" for a snapshot of Triangle tech and life science stocks.
Pfizer-GSK rumors; Apple ups hiring of women, minorities; Dell's new Chromebooks; Pure Storage IPO; Tesla raising $500M
In today's wrapup of technology and life science news: Rumors heat up that Pfizer wants GSK; Apple reports big increase in hiring of women and minorities; Dell's new Chromebooks; EMC, NetApp rival Pure Storage eyes IPO; and Tesla aims to raise $500 million.
YouTube's 'Newswire;' EMC exec retiring; UP summit still a go; Sony's new game phone; NFL deal boosts Yahoo
In today's Bulldog wrapup of technology news: Google launches a new service for eyewitness video; EMC's top exec in RTP is retiring; UP conference still coming to RTP; Sony plans a new phone linked to PlayStation; and Yahoo's CEO says its deal with NFL is a big boost.
Analysis: EMC's profitability falls as the tech giant shifts investment to new storage models. So what's next for the company, which has a major presence in the Triangle? Technology Business Research analyst Krista Macomber offers a detailed analysis for our Insiders.
The top exec at Microsoft, the chief operating officer at Cisco and a host of other high-tech execs have added their names to a joint statement from the Human Rights Campaign in protest of the recently passed religious freedom law in Indiana and legislation that is pending in Arkansas. A bill is also planned in North Carolina. The execs join Apple CEO Tim Cook in saying such laws allow discrimination based on sexual orientation.
Executives from Cisco to Yelp, AirBnB to Zillo have signed a joint statement from the Human Rights Campaign in protest of the recently passed religious freedom law in Indiana and legislation that is pending in Arkansas. A bill is also planned in North Carolina. The execs join Apple CEO Tim Cook in saying such laws allow discrimination based on sexual orientation.
In the first of three special reports, analysts at Technology Business Research offer a detailed analysis of what is likely to happen across the data center industry. Transformation will reach "unprecedented levels" in a market were Red Hat, Cisco, NetApp, IBM, Lenovo, Oracle and many others are major players. And each of the mentioned firms has a major presence in the Triangle. WTW Insiders can read the details.
Wall Street analysts and journalists are having a field day with reports that EMC is looking for a merger partner. One analyst says a Cisco-EMC marriage makes sense with VMware as a wedding gift. EMC owns 80 percent of Vmware. Meanwhile, Forbes says an EMC-HP deal "would have been a disaster."
EMC, one of the largest manufacturers of data storage products which has a major presence in the Triangle area, is mulling merger and other options, according to The Wall Street Journal. A UK tech news site says a merger with HP with Meg Whitman leading the combined company is a possibility.
In the latest Bulldog wrapup of technology and life science news: Red Hat unveils new cloud product; Heat Biologics lands $7.5 million in financing from Square 1; VMware targets cloud; Tivo's new recorder for "cord-cutters."
Analysis: EMC, which operates multiple facilities in the Triangle, is making progress with its targeted growth initiatives, says Krista Macomber of Technology Business Research. But what must it do to ensure long-term success?
Storage device maker EMC, which has major facilities in the Triangle area and is a working with Lenovo in a joint venture targeting servers, is planning to cut some 1,000 jobs. However, the company didn't specify where jobs would be cut and says it plans to end the year with the same or slightly more workers.
BlackBerry returns to keyboards; $50M in biz for PowerSecure; Twitter stock tumbles; Apple's latest buy; Nortel patents sold; LenovoEMC's new server
Our Bulldog blog wrapup of the latest technology news: BlackBerry is returning to its keyboard roots; PowerSecure books $50M in new business; Morgan Stanley says sell Twitter shares; Apple buys photo app startup; a group of Nortel patents is sold; LenovoEMC unveil a new server targeting smaller businesses.
Starting Nov. 15, Pivotal will help businesses create web-based applications that can be moved from in-house data centers to cloud servers run by Amazon.com, VMware and OpenStack, the open-source project founded by Rackspace Hosting.
"Despite our disappointment with our quarterly results, our confidence in the success of our strategy over the long term has never been stronger," says Chairman and CEO Joe Tucci.
Cisco's latest acquisition announced this week - a $415 million deal for Whiptail - could have some unintended consequences. While bolstering Cisco's product lineup, the Whiptail deal also threatens its relationship with EMC and NetApp. All three firms have a big presence in the Triangle.