Tag Archives: emc

Pure Storage Faces Tough Battle Against EMC, NetApp

Though Pure Storage (PSTG) has cutting-edge data storage technology, it will face an uphill battle trying to dislodge EMC (EMC) and NetApp (NTAP). It thus caused Summit Research to initiate coverage on the upstart with a hold rating. Pure Storage provides the business enterprise market with storage products based on flash-chip technology. Flash-based storage arrays are much faster than disk-drive storage systems but come at a higher price. Flash

NetApp’s $870 Mil Bid For SolidFire Spins Confusion

Storage vendor NetApp (NTAP) tanked Tuesday following the announcement it will pay $870 million in cash to acquire SolidFire. SolidFire provides businesses with storage systems that are based on flash-memory chips rather than spinning disk drives. Flash is seen as the future of storage, with that transition well underway. EMC (EMC), Hewlett-Packard Enterprise (HPE), Cisco Systems (CSCO) and other industry giants have been investing heavily in

Hewlett-Packard spreading FUD over Dell-EMC merger

Hewlett-Packard (HPQ) hopes to draw away enterprise data storage customers from Dell and EMC (EMC) using the classic approach of spreading FUD, business shorthand for “fear, uncertainty and doubt,” about its rivals. Last week, HP CEO Meg Whitman criticized Dell’s planned $67 billion acquisition of EMC. HP later launched an opportunistic marketing campaign warning customers about potential upheaval in the storage business of the combined Dell-EMC.