Digital Edition

SYS-CON.TV
EMC Reportedly Looking for Security (Acquisitions)
EMC has $5.65 billion in cash in the bank

EMC has $5.65 billion in cash in the bank and Bloomberg says it wants to buy security software houses with it to fuel growth.

COO Joe Goulden told the wire service last month that security is the biggest area for potential acquisitions since the company already had "all the key parts we were looking to put together" in data storage.

He also said that security had to be "reinvented" for the cloud and that a bunch of start-ups are doing that very thing.

 

An analyst suggested Palo Alto Networks, which just IPO'd late last month and is currently valued at around $4.4 billion, might be a target. So could Fortinet and Check Point Software Technologies. All three are firewall companies.

 

Citigroup thinks IBM and Cisco could be targeting Palo Alto too, but only after the patent infringement suit brought by Juniper Networks is resolved. That could take more than a year. Citi is certain Palo Alto will get taken out.

Besides Oracle, EMC is touted as the best acquirer in the business. VMware being its very best buy. Its acquisitions account for its not-too-shabby revenue growth.

About Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

In order to post a comment you need to be registered and logged in.

Register | Sign-in

Reader Feedback: Page 1 of 1



ADS BY GOOGLE
Subscribe to the World's Most Powerful Newsletters

ADS BY GOOGLE

ChatOps is an emerging topic that has led to the wide availability of integrations between group cha...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting ch...
As Marc Andreessen says software is eating the world. Everything is rapidly moving toward being soft...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know ...
Is advanced scheduling in Kubernetes achievable?Yes, however, how do you properly accommodate every ...
The cloud era has reached the stage where it is no longer a question of whether a company should mig...
The need for greater agility and scalability necessitated the digital transformation in the form of ...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an over...
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and ...
While some developers care passionately about how data centers and clouds are architected, for most,...
"Since we launched LinuxONE we learned a lot from our customers. More than anything what they respon...
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily ...
"As we've gone out into the public cloud we've seen that over time we may have lost a few things - w...
In his session at 21st Cloud Expo, Michael Burley, a Senior Business Development Executive in IT Ser...
Sanjeev Sharma Joins June 5-7, 2018 @DevOpsSummit at @Cloud Expo New York Faculty. Sanjeev Sharma is...
We are given a desktop platform with Java 8 or Java 9 installed and seek to find a way to deploy hig...
"I focus on what we are calling CAST Highlight, which is our SaaS application portfolio analysis too...
"Cloud4U builds software services that help people build DevOps platforms for cloud-based software a...
The question before companies today is not whether to become intelligent, it’s a question of how and...