EMC Expands Cloud Business With $1.2 Bil Acquisition

By | May 26, 2015

Scalper1 News

Data company EMC (EMC) will pay $1.2 billion to acquire privately held Virtustream as part of a major expansion of its cloud computing operations. EMC said that the acquisition is a “transformational element” to help customers move all of their applications to cloud-based environments. “Virtustream is an exceptional company, and this is a critical and transformative acquisition for EMC in one of the industry’s fastest-growing and most important Scalper1 News

Scalper1 News