Capgemini, EMC extend global strategic alliance to Brazil Capgemini and EMC announced the expansion of their global alliance with a strategic go-to-market agreement to expand operations in Brazil. The two companies have committed to work collaboratively to deliver customer value through the implementation of next-generation cloud solutions.
EMC downgraded to Neutral from Overweight at Piper Jaffray Piper Jaffray downgraded EMC (EMC) to Neutral to Neutral saying the company is facing increasing pressure from next-gen storage vendors and public cloud providers. Piper notes that it continues to hear Pure Storage and other vendors such as Nimble Storage (NMBL) are making inroads into the installed base of EMC. It cut its price target for shares to $27 from $30. The firm also downgraded NetApp (NTAP) to Neutral this morning for similar reasons, but says EMC has a more defensible position than NetApp.