Tag Archives: acquiring-cloud

EMC’s $1.2B Virtustream Acquisition Takes It Deeper Into Services

One EMC official recently said it wasn’t “your father’s EMC,”and the company has now made a big acquisition that illustrates the point. The IT giant is acquiring cloud service provider Virtustream for $1.2 billion in a bid to strengthen cloud services offerings. Virtustream will operate as a managed cloud services business arm of EMC following transaction close. Continue reading

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