Recent Articles
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EMC’s Strong Quarter Spurred by Pent-Up Storage Demand
BOSTON, Oct 19 (Reuters) – EMC Corp (NYSE:EMC), the top maker of corporate data storage equipment, raised its full-year earnings forecast on Tuesday as it posted record quarterly sales and continued a two-year campaign to boost margins. Chief Executive Officer Joe Tucci told investors on a conference call that he continues to believe the economic…
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EMC, Isilon in Acquisition Talks, Report
Oct 18 (Reuters) – EMC Corp (NYSE:EMC), the world’s biggest maker of corporate data storage equipment, is in exclusive talks to buy computer storage company Isilon Systems Inc (NASDAQ:ISLN) for more than $2 billion, the New York Post reported on Monday. The report quoted an unnamed source as saying the deal would be done this…
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Tablet Computer Successes Could Mean Tough Times for Hard Drive Makers
(Reuters) – Hard drive makers like Seagate Technology and Western Digital Corp could experience slower growth as more and more consumers swap PCs for tablets, but they shouldn’t be counted out. With Apple’s iPad and tablets from a host of others — from Hewlett-Packard to Research in Motion — poised to take market share from…
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CommVault Simpana 9 Launch Recognizes Growth of Virtualization
Commvault’s Simpana 9 data management software “bridges the physical storage world and the rapidly emerging virtual one” by adding four major new functions including generation three deduplication extended to the source level, support for Xen virtualization platforms, simplified migration tools, and better protection of snap backups. The result is Simpana 9, which Commvault is launching…
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Data Storage Vendor Isilon Systems Up For Sale, Report
Oct 2 (Reuters) – Data storage firm Isilon Systems Inc (NASDAQ:ISLN) is seeking bidders for a possible sale of the company, Bloomberg reported on Saturday, citing two people briefed on the matter. Seattle-based Isilon hired Qatalyst Partners, run by technology banker Frank Quattrone, to look for buyers, according to the report. An Isilon spokesman was…
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Cloud Services Begin to Impact SMB ICT Shipments, Report Finds
Small to medium-size businesses in the United States are rapidly increasing their use of cloud services, which is beginning to reduce their need for on-premises information and communication technology (ICT) equipment and is also allowing them more flexibility in the types of mobile devices they use, according to a report from IT research firm AMI-Partners.…