EMC logo (Photo credit: audiovisualjunkie)
EMC Acquires Watch4Net
Excerpt: EMC Corp. (EMC – Analyst Report) is on an acquisition spree. Recently, the leading storage vendor announced the acquisition of Montreal based privately-held Watch4Net Solutions Inc. in an all cash transaction. Just a week ago, EMC acquired Syncplicity, a privately-held software–as-a-service (SaaS) provider, in order to boost its cloud-based storage offerings. To date, this is EMC’s fourth acquisition in 2012….we believe that the most-recent acquisition will provide EMC a significant competitive edge in these markets, where it faces stiff competition from Hewlett-Packard (HPQ – Analyst Report), International Business Machines Corp. (IBM – Analyst Report), Oracle Corp. (ORCL – Analyst Report), SAP AG (SAP – Analyst Report) and Dell Inc. (DELL – Analyst Report).
Read more: http://www.zacks.com/stock/news/76301/emc-acquires-watch4net
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4 June 2012: Zacks Investment Research
EMC logo (Photo credit: audiovisualjunkie)
EMC Acquires Watch4Net
Excerpt: EMC Corp. (EMC – Analyst Report) is on an acquisition spree. Recently, the leading storage vendor announced the acquisition of Montreal based privately-held Watch4Net Solutions Inc. in an all cash transaction. Just a week ago, EMC acquired Syncplicity, a privately-held software–as-a-service (SaaS) provider, in order to boost its cloud-based storage offerings. To date, this is EMC’s fourth acquisition in 2012….we believe that the most-recent acquisition will provide EMC a significant competitive edge in these markets, where it faces stiff competition from Hewlett-Packard (HPQ – Analyst Report), International Business Machines Corp. (IBM – Analyst Report), Oracle Corp. (ORCL – Analyst Report), SAP AG (SAP – Analyst Report) and Dell Inc. (DELL – Analyst Report).
Read more: http://www.zacks.com/stock/news/76301/emc-acquires-watch4net
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