Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: Wright Reports
Provider: New Constructs, LLC
Provider: Stock Traders Daily

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Emc Corp, VMware Inc To Merge Data And Cloud App Assets Into New Group-Reuters

Tuesday, 4 Dec 2012 12:44pm EST 

Reuters reported that Emc Corp and its publicly-traded subsidiary, software maker VMware Inc, are planning to merge their data analytics and cloud application assets. The companies expect to combine a number of divisions into the new group, called the Pivotal Initiative - by the second quarter of 2013 and said the specific operational structure will be determined then. The companies will provide an update on the details of the plans in the first quarter of next year, EMC said. The move will combine EMC's data analytics division Greenplum and its Pivotal Labs group with VMware's vFabric, SpringSource and Gemstone units as well VMware's data analytics company Cetas and CloudFoundry, a cloud computing platform as a service. This will affect about 600 employees from VMware and 800 employees from EMC. 

Company Quote

0.4 +0.41%
2 Sep 2014