It looks as if EMC and activist investor Elliott Management have worked out their differences at least in the short term. EMC added two Elliott-friendly directors to its board, bringing the total… Read more »
DataGravity, the startup founded by Paula Long of EqualLogic fame, now has $50 million in new funding, bringing its total to a healthy $92 million. This Series C round was led by new… Read more »
The Wall Street Journal reports that EMC and HP seriously discussed a “merger of equals,” but talks broke down over fear that shareholders would not swallow the deal. Read more »
EMC’s CEO has not met with activist investor Elliott Management yet, but when he does, he’ll likely argue that breaking up (the federation) is hard, and the wrong thing to do. Read more »
Elliott Management will use its $1 billion stake in EMC to push for change and divestiture of federation companies, according to the Wall Street Journal. Read more »
Even the giant IT vendors themselves admit we’re in for a huge shakeout. The question is which of them will be left standing — or independent — in two to three… Read more »
Pure Storage now charges that EMC purloined one of its flash arrays to extract trade secrets; EMC responds with a patent infringment suit. And so it goes. Read more »