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October 4, 2012
09:16 EDTIBM, EMCEMC, IBM extend licensing agreement
EMC (EMC) has extended its technology licensing agreement with IBM (IBM) for EMC storage interoperability with IBM zEnterprise environments by one year through 2017. Under the agreement, EMC and IBM will continue collaborating to provide IBM zEnterprise customers storage interoperability interfaces and technical support, providing IBM z customers the choice, flexibility and support needed to deploy a combination of EMC VMAX storage systems and software with IBM z technologies.
News For EMC;IBM From The Last 14 Days
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October 8, 2015
05:35 EDTEMCMesosphere and EMC announce collaboration to expand DCOS storage
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October 7, 2015
19:22 EDTEMCEMC in merger talks with Dell, WSJ says
Dell and EMC are engaged in merger discussions, reports the Wall Street Journal, citing people familiar with the matter. It is unclear if the companies are considering a partial or full takeover of EMC, the Journal adds. Reference Link
19:11 EDTEMCEMC jumps after hours, levels to watch
Shares were last at $28 on light volume, with next resistance at $28.70. The 52-week high is at $30.92. Support is at $27.64. Dow Jones reported that Dell is in merger talks with EMC.
18:59 EDTEMCDell in merger talks with EMC, Dow Jones reports
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October 6, 2015
15:25 EDTIBMAmazon cloud announcement unlikely to sink Splunk, analysts say
Amazon (AMZN) appears to be signaling an expanded presence in cloud-based data analytics, sending shares of incumbents in the space lower and prompting several analysts to weigh in on the e-commerce giant's potential impact. AMAZON CLOUD: Amazon is expected to announce a new "big data" analytics addition to Amazon Web Services, according to an October 4 Wall Street Journal report. The article follows the launch last week of Amazon Elasticsearch, adding further data crunching capabilities to the company's cloud computing platform. Commenting on the news, William Blair analyst Bhavan Suri said that Splunk (SPLK) investor concerns over Amazon are overblown. Elasticsearch is likely to remain primarily a document search platform rather than a direct competitor to Splunk's offerings, while Amazon's expected analytics announcement looks more likely to challenge Tableau (DATA) and Qlik (QLIK), the analyst argues. Meanwhile, FBR analyst Daniel Ives said that a tangential move into the data analytics space "makes a ton of strategic and financial sense" for Amazon, as the market is only about 10% penetrated despite aggressive expansion from Microstrategy (MSTR), IBM (IBM), Microsoft (MSFT), SAP (SAP), and others. That said, Ives cautioned that Amazon's ability to again disrupt the cloud space with this latest entry appear limited in the near term, with many companies already showing preference for pure-play analytics firms. Amazon may ultimately have to make a larger acquisition by picking up a Qlik, Tableau, or Splunk to gain traction, the analyst contended. PRICE ACTION: Splunk shares are down fractionally in afternoon trading after some earlier volatility, while Tableau and Qlik are showing respective losses of roughly 3.14% and 1.86%.
October 5, 2015
09:36 EDTIBMIBM agrees to acquire Cleversafe
IBM announced it has entered into a definitive agreement to acquire Cleversafe, a developer and manufacturer of object-based storage software and appliances. The acquisition aims to strengthen IBM's leadership positions in storage and hybrid cloud and support clients' drive to next generation mobile, social and analytics applications. Financial terms of the deal were not disclosed. Once the deal closes, IBM will integrate the Cleversafe portfolio into its IBM Cloud business unit to give clients strategic data flexibility, simplified management, and consistency with on-premise, cloud, and hybrid cloud deployment options.
07:19 EDTIBMOpen Mobile Media to hold a summit
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October 2, 2015
09:38 EDTIBMIBM set to test 52-week low
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October 1, 2015
13:23 EDTEMCElliott plans to give EMC most of October to respond to demands, Reuters says
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September 30, 2015
13:17 EDTIBMIBM, Box announce four solutions under strategic partnership.
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11:29 EDTIBM, EMCAnalyst says key tech trend positive for EMC, negative for IBM
The adoption of platform-as-a-service will accelerate, creating more positive opportunities for EMC (EMC) and posing challenges for IBM (IBM), research firm Jefferies wrote in a note to investors today. WHAT'S NEW: The growth of PaaS will accelerate because the technology enables faster and cheaper development of apps, while the proliferation of mobile apps and the increased digitization of businesses will lead to greater adoption, Jefferies analyst James Kisner stated. PaaS usage will "explode" as companies leverage apps, becoming software makers in some ways, predicted Kisner, who noted that tech research firm IDC expects the number of apps to jump 1000% in three years. EMC's Pivotal business, which enables enterprises to analyze data produced by cloud infrastructure, could be significant as app usage surges, according to Kisner. Conversely, 50% of IBM's profits are generated by middleware that "is likely to be somewhat cannibalized by PaaS," the analyst believes. The Street's revenue estimates for IBM, which call for a decline of 2% in 2016 and little change in 2017, are overly optimistic, according to Kisner, who kept a Buy rating on EMC and an Underperform rating on IBM. PRICE ACTION: In morning trading, EMC rose 2.6% to $23.74 and IBM advanced 2% to $145.34.
09:25 EDTEMC, IBMJefferies more positive on EMC, more negative on IBM
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08:03 EDTIBMWest Pharmaceutical appoints Annette Favorite to Chief Human Resources Officer
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06:12 EDTEMCEMC's Goulden: Breaking off VMware 'wrong thing to do,' Re/code reports
EMC (EMC) president David Goulden said his firm will try to maintain its complex corporate structure amid pressure to spin off its stake in VMware (VMW), Re/code reports. "We believe strongly that breaking up is the wrong thing to do," Goulden said in an interview at Re/code's Code/Enterprise Series event. Reference Link
September 29, 2015
13:32 EDTIBMIBM to create 120 positions across Ireland, Independent says
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09:31 EDTEMCRe/code to hold a discussion
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September 28, 2015
16:05 EDTIBMIBM annnounces plans to buy Workday services partner Meteorix
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05:30 EDTIBMIBM expands portfolio of cloud business solutions
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September 27, 2015
14:04 EDTIBMCybersecurity firms look prime for takeover, Barron's says
Cybersecurity companies like Palo Alto Networks (PANW), Fortinet (FTNT), and FireEye (FEYE) are becoming increasingly-attractive takeover targets for a Cisco (CSCO) or IBM (IBM), and any future dip in their stocks could represent a buying opportunity, Barron's contends in its 'Technology Trader' column. Reference Link
September 24, 2015
06:16 EDTIBMIBM to open second Watson headquarters in San Francisco
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