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Tag Archives: big-acquisition
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
Posted in HostGator, Hosting, VodaHost
Tagged acquiring-cloud, big-acquisition, emc, finance, llustrates-the-point, managed-cloud, mergers and acquisitions, now-made, point, saas, virtustream
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