VMware, Inc. (NYSE: VMW) Assures Its Workers After An Acquisition Proposal From Broadcom Inc (NASDAQ: AVGO)

VMware Inc. (NYSE: VMW) attempted to give assurance to at least 35,000 of its workers following an acquisition proposal from Broadcom Inc (NASDAQ: AVGO). The institution’s president Sumit Dhawan told its employees that the host company would treat them similarly.  Dhawan issued testimonials on the process implemented by Broadcom to affect the acquisition of certain […]

Active Stocks: White Mountains Insurance Group Ltd (NYSE:WTM), VMware, Inc. (NYSE:VMW), Western Digital Company (NASDAQ:WDC)

Boston, MA 10/14/2014 (wallstreetpr) – White Mountains Insurance Group Ltd (NYSE:WTM) announced on 13th October that it has managed to increase its stock holding in customer acquisition solutions provider TRANZACT to a majority controlling interest. The firm disclosed that it owns nearly 63 percent of the stock of TRANZACT. The holding is valued at $178 […]

EMC Corporation (NYSE:EMC) Decides To Check Options Ahead Of CEO Joseph Tucci’s Retirement

Boston, MA 09/23/2014 (wallstreetpr) – According to the news brought out by Bloomberg, the manufacturer of storage computers, EMC Corporation (NYSE:EMC) is facing activist pressure as well as the retirement of Joseph Tucci, the CEO. As a result, the company is trying to make use of the strategic alternatives, which could include a spinoff, partial […]

EMC Corporation (NYSE:EMC) Looking For Real Strategic Revival After Hewlett-Packard Company (NYSE:HPQ) Deal Snag

Boston, MA 09/23/2014 (wallstreetpr) – EMC Corporation (NYSE:EMC) is looking at various acquisition options, and the reason is quite evident. If it needs to grow, the only option in hand right now is to take over another company. Recently, Bloomberg reported that EMC while exploring its merger options, also approached Hewlett-Packard Company (NYSE:HPQ) for its […]

Brocade Communications Systems, Inc. (NASDAQ:BRCD) Upgrades its Storage Fabric platform for Enterprises

Boston, MA 08/26/2014 (wallstreetpr) – Networking equipment supplier, Brocade Communications Systems, Inc.(NASDAQ:BRCD), continues to set the pace in the industry after announcing the testing of new solutions aimed at further developing its Solid State Ready program according to Market Wired. Brocade Communications Program Capabilities The program has specifically been developed for enterprises, to give them […]

Will VMware, Inc. (NYSE:VMW) Be Positioned As A Significant Cloud-Computing Software Provider Through Its Initiatives?

Boston, MA 08/26/2014 (wallstreetpr) – On Monday, VMware, Inc. (NYSE:VMW) revealed the “much-awaited” responses of the company’s two major threats. At the VMworld conference held in San Francisco, the company announced its decisions to distribute a version of Openstack. The latter is an instrument to manage data centers. Initiatives lined up VMware, Inc. (NYSE:VMW) came […]

EMC Corporation (NYSE:EMC) In A Tough Spot While Wal-Mart Stores, Inc. (NYSE:WMT): Playing Its Best Cards And Seaspan Corporation (NYSE:SSW) Waiting For A Toss Up

Boston, MA 07/22/2014 (wallstreetpr) – A leading data storage, solutions and services provider in IT sector, EMC Corporation (NYSE:EMC) is facing a tough choice. EMC’s fifth largest shareholder, Eliott Management Corporation with around 2% stake is persuading EMC to spin off VMware, Inc. (NYSE:VMW). EMC is a holder of nearly 80% of VMW, having market […]

Mobile Device Management Company to Launch IPO

Boston, MA 06/02/2014 (wallstreetpr) – MobileIron (MOBL) had completed the necessary paperwork regarding the registration of its Initial Public offering. The company’s plans were reported way back in February 2014. The report released by Bloomberg, believed that the offering would be between $1 billion to $2 billion. MOBL (which will be a symbol used by […]

Cisco Systems, Inc. (NASDAQ:CSCO) Enter The Cloud Segment

Boston, MA 04/21/2014 (wallstreetpr) – The Wall Street Journal reports that networking giants, Cisco Systems, Inc. (NASDAQ:CSCO) is planning to invest $1 billion in cloud computing services, over the next two years. The last couple of years has seen the trend of a shift to everything cloud, in the IT services. Cisco will be expecting to […]

VMware, Inc. (NYSE:VMW) Welcomes Another Member To Elite Program

Boston, MA 03/19/2014 (wallstreetpr) – Infrastructure virtualization seemingly has limitless opportunities – and in many cases challenges – and this means that providers of virtual applications must always remain that the cutting-edge of the technology. So then, that should explain why adding more partners to its technology alliance elite memberships comes natural for VMware, Inc. (NYSE:VMW). […]

VMware, Inc. (NYSE:VMW) Breaks Into Virtual SAN, Lends Credibility To The Market

Boston, MA 03/18/2014 (wallstreetpr) – VMware, Inc. (NYSE:VMW) provides virtual infrastructural solutions which help companies transform the creation, delivery and consumption of information technology resources. In the latest move, the company has brought to the market its first software-defined storage solution, which to a greater extent lends credence to the technology that startups have been […]

EMC Corporation (NYSE:EMC) Presents An Attractive Buy Option

Boston, MA 10/30/2013 (wallstreetpr) – EMC Corporation (NYSE:EMC) has been affected by the government shutdown and its last quarterly results mirror that. Revenues were $5.54 billion against analysts’ expectation of $5.80 million. Earnings per share of $0.40 were also below market analysts’ expectation of $0.45. EMC is expected to post earnings per share of $1.81 for […]