#Emc stock buyout software
Oh, and the software mentioned above? It's all available for free, forever. EMC officials said the Dell offer should be valued at 33.15 per EMC share, but the stock rose less than 1 to 28.07 in midmorning trading, reflecting the disappointment. If that wasn't enough pressure, both EMC and VMware are seeing their businesses threatened by a flood of cheaper alternatives.ĭata-crunching software like Hadoop and Cassandra offer a way to store and analyze information the same way that EMC's solutions can.īut where EMC offers a pricey solution that involves paying for both branded storage hardware and software licensing fees, that software lets you use off-the-shelf server hardware.
Together, EMC and VMware sell joint storage solutions that take advantage of both technologies for a higher efficiency.įacing intense competitive pressures from the likes of Amazon Web Services, which hosts EMC-like storage products on the Internet for a lot less cash, EMC has been forced to effect cost-saving methods, including mass layoffs and constant corporate reorganizations to its already-complex org chart.Īnd VMware, which was one of the first to virtualization - which is actually a key technology at the core of cloud platform providers like Amazon Web Services - has been slow with its own entry into the cloud market. In 2007, EMC listed VMware on the public markets, selling 15% of the company. In 2004, EMC bought virtualization-software company VMware and turned it into a wholly owned subsidiary. Data-center operators and server jockeys love virtualization because it can eke out a lot more efficiency from their existing server infrastructure and reduce overall spend. So if you use virtualization software with 10 servers, they might act like a hundred, and so on. Virtualization, at the most basic level, is a way to "trick" one server into thinking that it is multiple servers. Instead of focusing on super-high-end storage arrays, EMC began to invest in growth areas like virtualization. Under current CEO Joe Tucci, who took the job in 2001, EMC broadened its product line.
And they're unlikely to leave any time soon. If nothing else, this means that there are plenty of EMC customers out there who have been working with the company since the 1990s.
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