EMC CEO Joe Tucci's overall pay package for 2010 was US$12.4 million, a 37 percent rise on his compensation for 2009, according to documents filed on Thursday with the US Securities and Exchange Commission.
Acquisitions such as <a href="http://www.computerworld.com/s/article/9212918/Teradata_buys_Aster_Data_boosts_big_data_wares">Teradata's planned purchase of Aster Data Systems</a> announced Thursday are driven by the growing demand for technologies that can help enterprises mine massive volumes of unstructured data, analysts said.
Microsoft researchers are trying to improve the efficiency of flash memory by building software that uses solid-state storage in conjunction with RAM and hard disk, and eliminates random writes and other wasted operations.
At the RSA Conference today, two industry titans laid out what appear to be competing efforts to build an array of <a href="http://www.networkworld.com/topics/security.html">security</a> controls for cloud-based service providers.
VMware's Paul Maritz has given up his title of president to four senior executives who will serve as co-presidents of the EMC-owned company as it increasingly goes up against Microsoft in the virtualization market.
Like many enterprise IT shops, Carnival Cruise Lines relied on Fibre Channel-based <a href="http://www.computerworld.com/s/topic/19/Storage">storage</a> area networks (SANs) over the past 20 years to support its 43,000 employees and dozens of ships. But, when it came time to refresh its technology, the cruise line skipped the traditional forklift upgrade of monolithic boxes in favor of an Ethernet-based, modular architecture.
Facing consumers with an appetite for cloud storage that has increased 50 per cent over the past year, the world's largest consumer online storage provider said on Monday that it will no longer offer unlimited storage and will increase fees for the limited online storage it's now selling.
Surging revenue from storage, security and virtualization brought record financial results at EMC in the fourth quarter, the company reported Tuesday.
Additional details have emerged regarding the more than 800 patents Novell is selling to the Microsoft-led consortium CPTN Holdings for US$450 million, about two months after the deal was first announced.
EMC on Tuesday announced a slew of products, including upgrades to its high-end VMAX Symmetrix array, the introduction of clustered NAS from its recent acquisition of Isilon Systems, and a product line that combines its midrange Clariion SAN and Celerra NAS systems.
Apple, Oracle and EMC are involved with CPTN Holdings LLC, the Microsoft-led consortium that is purchasing 882 patents from Novell for US$450 million, according to a December 9 posting on the website of German antitrust authority Bundeskartellamt, or Federal Cartel Office.
Dell has agreed to buy virtualised storage vendor Compellent Technologies in an all-cash deal worth US$27.75 per share.
EMC has won a contract to provide a turn-key data backup, recovery and archive system for The New Zealand Defence Force.
EMC announced Monday it is buying NAS (network-attached storage) vendor Isilon Systems for roughly US$2.25 billion. Both companies' boards have approved the deal, which is expected to be finalised later this year.
Rather than a traditional datacenter, the private cloud uses highly virtualized pools of compute, storage and network capabilities to optimize IT performance and utilization while providing the business with services that improve efficiency and agility. This offers organizations a way to circumvent the increasing complexity, inflexibility and cost of IT environments to be more competitive in the market place through greater efficiency, control, choice, quality of service and, most importantly, business agility. We need to spend more of our budgets on building new value and assets rather than spending precious dollars on, "keeping the lights on." Introducing the cloud!