Rumors that Cisco (Nasdaq: CSCO) might buy out EMC (NYSE: EMC) are circulating again, but Oracle (Nasdaq: ORCL) is also being discussed as a possible EMC buyer.
So reports Network World.
The rumors certainly spark interest in the Triangle since this region is home to major Cisco and EMC operations. Cisco employs more than 4,000 people in RTP while EMC is rapidly expanding its RTP area operations. EMC operates manufacturing and R&D shops locally.
The talk also comes just ahead of EMC’s next quarterly financial reports. The company discusses its recent performance on Tuesday.
Noting that Cisco-EMC rumors are hardly, new, Network World’s Jim Duffy reports that investment firm UBS was impressed by the amount of merger talk this week to downplay them. But UBS also didn’t rule out a deal either.
“Acquiring EMC would be a bold move by CSCO as it would create a powerhouse in the Data Center with leading positions in Storage, Networking and Virtualization (e.g. through majority ownership of VMW)… If, however, another company did try to acquire EMC, we do think CSCO would consider a defensive acquisition of EMC to keep its current advantage with Acadia intact,” UBS said as quoted by Duffy.
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