13 hrs ago | Boston Business Journal
Data storage giant EMC Corp. is facing a lawsuit from shareholders who claim wrongdoings by EMC officials could cause the company to be hit with legal fees and penalties that could hurt shareholders, the Boston Globe reports.
EMC lowers 2009 guidance on $100M charge
Data storage company EMC Corp. has lowered its 2009 profit forecast because of a $100 million charge it will take this quarter from a restructuring of international subsidiaries.
Eight vendors announced new products or improvements to existing products last week Last week was a little slow in the storage world, except for news from EMC, Nexsan, Isilon, HP and others.
EMC stages $100m international reorganisation
EMC is reorganising its various international operations into a single holding company and repatriating $4bn to EMC USA at a cost of $100m in taxes.
EMC faces shareholder lawsuit amid federal claims
High-tech giant EMC Corp. , already facing allegations that it gouged the government on several contracts, now must contend with a lawsuit from shareholders.
Stocks to Watch: Stocks in focus for Wednesday
Among the shares expected to see active trade in Wednesday's session are Deere, Tiffany, Johnson Matthey, and Microsoft.
EMC Lowers 2009 Guidance on $100M Charge
Data storage company EMC Corp. has lowered its 2009 profit forecast because of a $100 million charge it will take this quarter from a restructuring of international subsidiaries.
EMC Announces Acquisition of the Technology Store, Inc.
EMC Metals Corp. is pleased to announce that it has entered into a stock purchase agreement with Willem and Irene Duyvesteyn dated November 19, 2009, whereby EMC has agreed to purchase all of the issued and outstanding capital stock of The Technology Store, Inc., a Nevada corporation, from the Sellers in exchange for 19,037,386 common shares of ...
To Cloud or Not to Cloud: IT Vendors Ponder the Question
Arms merchant or army? That's a fundamental question for vendors in the cloud computing space.
Emc Corp. (Emc) Pres & Coo II & Cloud Services Howard D Elias sells 33,000 Shares
Pres & COO II & Cloud Services of EMC Corp. Howard D Elias sells 33,000 shares of EMC on 11/18/2009 at an average price of $17.15 a share.
Legg Mason's Hagstrom Recommends Technology Stocks, EMC: Video
Nov. 20 -- Robert Hagstrom, a portfolio manager at Legg Mason Capital Management, talks with Bloomberg's Betty Liu and Adam Johnson about his investment strategy.
NetApp's Georgens reports improved revenue; shrugs off EMC-Cisco deal
NetApp's sales results were better than expected last quarter , which CEO Tom Georgens said indicates a thaw in storage spending.
Varrow, Inc. Receives Mid-Market Partner of the Year Award at the...
Varrow, Inc. today announced that it received the Partner of the Year award at the 2009 EMCA North America Partner Council, which took place in San Antonio on November 3, 2009.
Observations from an EMC analyst day
On the one hand, vendor analyst events are a good opportunity to spend focused time diving deep into individual products, roadmaps, and corporate initiatives.
EMC gives Avamar data deduplication desktop and laptop support
EMC Corp. gave Avamar a facelift today by expanding support to desktop and laptop data backup, and adding a way of writing deduplicated archival data to tape for long-term retention.
Will HP 3PAR high-end storage arrays?
Comment What is the future for HP's high-end XP storage arrays? Which way will incoming HP server-networking-storage boss David Donatelli jump? Donatelli left EMC to run a combined server, storage, and networking operation at HP.
High-tech firms in high demand in Bay State
Silicon Valley giants have been shopping for acquisitions in Massachusetts, buying and partnering with key companies from this state's much-vaunted technology industry.
EMC Positioned in 'Leaders' Quadrant in 2009 ...
EMC Corporation , the world leader in information infrastructure solutions, today announced it has been positioned by Gartner, Inc.
HP to buy Marlborough's 3Com for $2.7b
Computer giant Hewlett-Packard Co. will buy 3Com Corp., a maker of network switching equipment in Marlborough, for $2.7 billion, according to the two companies.
HP Takes Gloves Off In Fight With Cisco With Plan To Acquire 3Com
As if they needed more stress, organizations are facing evolving and increasingly stringent compliance regulations from the Payment Card Industry, as well as Sarbanes-Oxley, HIPAA and others.
HP agrees to buy 3Com for $2.7B
Hewlett-Packard Co. today agreed to acquire 3Com Corp., for $2.7 billion, part of an effort to turn itself into a one-stop shop for corporate customers.
Customer Interaction Solutions
Swiss Environmental Company Taps RSA to Ensure Business Continuity in ...
RSA, The Security Division of EMC announced that Valorec Services AG, a Swiss environmental and waste services company, has almost quadrupled its deployment of the RSA SecurID On-Demand Authenticator for secure, remote network access in order to help guarantee business continuity.
Cisco's Chambers and EMC's Tucci: Buddies in Bad Times
From the ' Former Wang Employees' files: Sometimes is not what you know that's important, it's who you know -- right? This week, Cisco, EMC and VMware e ntered into a partnership for delivering integrated virtual data center solutions.
EMC My Documentum Family Delivers the Power of Enterprise Content Management to Every Business User
ATHENS, Greece, Nov. 10 /PRNewswire/ -- Momentum Europe 2009 -- EMC Corporation , the world leader in information infrastructure solutions, today announced EMC My Documentum , a family of products that allows everyone in the organization to utilize EMC Documentum enterprise content management functionalities directly from common desktop ...
EMC Drives More Efficiency Around New Microsoft Platforms
EMC Corporation , the world leader in information infrastructure solutions, today announced expanded product, engineering support and consulting services for Windows Server 2008 R2 Hyper-V, Microsoft Exchange Server 2010 and Windows 7 -- providing customers with greater control, increased efficiency and the ability to react to critical business ...
EMC Demonstrates Dramatic Speed-To-Value With ...
ATHENS, Greece, Nov. 9 /PRNewswire/ -- Momentum Europe 2009 -- EMC Corporation , the world leader in information infrastructure solutions, today announced that Booz Allen Hamilton has taken first place in the company's EMC Documentum xCelerated Composition Platform Designer's Challenge -- reinforcing just how easily companies can build ...
Stocks Mixed Ahead of Cisco's Results
Will Cisco say orders are improving? Paul Shread : Tech stocks closed modestly higher a day ahead of Cisco's quarterly earnings report, but blue chips sagged despite a couple of blockbuster mergers.
Boom Times Already Here for Netbooks? [November 5, 2009] Research firm forecasts close to 35 million global shipments of netbooks for 2009.
Cisco and VMware: This Is a Hug, Not a Marriage
When Cisco Systems , EMC , and VMware announced a joint press conference, it was easy to imagine a high-octane merger .
Tech titans unite for private cloud push
Cisco, EMC and VMware form a coalition to accelerate data centre virtualization and the transition to private clouds.
Cisco and EMC plan partnership, not merger
Tech heavyweights Cisco Systems Inc and EMC Corp dampened speculation of a merger as they unveiled a partnership to take on rivals Hewlett-Packard Co and IBM.
Acadia Gets Cloud-computing Venture Rolling in Asia
Wednesday, November 04, 2009 1:00 AM PST Cisco Systems, EMC and VMware hope to soon sign the first Asian customers for their cloud-computing partnership and Acadia joint venture.
Cisco, EMC, VMware to unveil data-center alliance
Cisco Systems, EMC Corp. and VMware are set to unveil a new alliance aimed at the increasingly competitive corporate data-center market where some of technology's biggest players are battling it out for market share.
Cisco, EMC forming 'cloud' partnership
Cisco , EMC and VMware Inc. said Tuesday that they are forming a coalition they call the Virtual Computing Environment.
EMC showcases employee innovation
The EMC Innovation Conference presented the collective power of global community-based innovation.
EMC Customers and Partners to Gather in Athens for Nearly Sold-Out Momentum Europe 2009
EMC Corporation , the world leader in information infrastructure solutions, today announced Momentum Europe 2009, which will be held November 9-12, 2009, at The Athenaeum Intercontinental Hotel in Athens, Greece.
Cisco, EMC cooperate on cloud computing
Cisco Systems Inc and EMC Corp are teaming up to sell a new line of hardware aimed at cloud computing, according to media reports on Monday.
After nearly 2 years, businesses are buying
Companies are finally boosting their spending on computers, software, medical devices, industrial engines, autos, planes, furniture and farm equipment such as this John Deere machinery.
Cisco and EMC link up in the clouds
Filed under: Cisco Systems , Hewlett-Packard , International Business Machines , EMC Corp , Technology Neither company is saying a thing yet, but word is Cisco Systems and EMC are joining up to sell a new collection of products designed to deliver cloud computing capabilities , Reuters reports.
Companies are spending more to upgrade equipment, giving hopes to economic recovery
Businesses are finally willing to spend more money on equipment, a healthy sign for the economic recovery.
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