Software-defined networking, an emerging data center technology, is turning into a revenue opportunity for F5 Networks (FFIV) rather than a threat to its core business, says Pacific Crest Securities. Pacific Crest analyst Brent Bracelin says marketing partnerships with Cisco Systems (CSCO) and VMware (VMW), which is controlled by data storage firm EMC (EMC), have helped Seattle-based F5 target the SDN market. “We are encouraged that the biggest
AT&T, Hewlett-Packard (HPQ), EMC (EMC), Cisco Systems and IBM loom as possible buyers of Rackspace Hosting (RAX), whose stock jumped late Thursday after the company said it had hired Morgan Stanley to explore strategic options, including a sale or partnership. Rackspace’s stock rose 14% before the market open in the stock market today. Shares in Rackspace popped 7% on Thursday — mostly on last-minute spike — after Bloomberg reported that Rackspace
It seems natural that EMC co-founder Richard Egan would shoot for the stars, given his involvement in the Apollo space program, where he first became an expert in computer memory. Egan and a college roommate, Roger Marino, founded EMC (EMC) in 1979. Early on, they sold office furniture to raise cash for their real goal: selling memory boards that plugged into minicomputers built by Prime Computer, IBM and others. EMC went public in 1986. That year