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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.