EMC Confirms Layoffs As Cost-Cutting Measures Begin Ahead Of Dell Acquisition

 Some EMC employees got some harsh news this week as anticipated layoffs have begun at the Massachusetts company. A company spokesperson confirmed the news, but declined to offer a specific number of affected employees. CRN first reported the news. At the end of last… Continue Reading

VMware Reports Q3 Sales Of $1.67B, Stock Drops After Dell Offers $67B For EMC

 Alongside the not-unexpected news that Dell would acquire EMC in a record $ 67.1 billion deal, EMC-controlled VMware released an early look at its Q3 results: the virtualization giant said it expects to post $ 1.672 billion in sales, with non-GAAP net income of $ 1.02/share. The market,… Continue Reading