EMC looks to get back on track
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After several quarters of lackluster financial performance, EMC executives are looking for faster growth in Asia.
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Teemu Selanne is getting closer to completing his comeback from semi-retirement.
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BOSTON -- EMC Corp.'s fourth-quarter profit jumped 35 percent, beating Wall Street expectations, but the data storage vendor's results were overshadowed by disappointment over a technology firm in which EMC owns a majority stake.
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Companies are giving up control of their electrical systems, and they are being paid to do it. The goal? To better manage the nationâs burdened power grid.
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It's pretty clear which one is wearing the trousers EMC and Fujitsu Siemens Computers (FSC) have expanded and extended their 10 year old strategic alliance. The two will work together on advanced data centre architectures, while FSC will also provide services for the EMC midrange storage that it sells in Europe.â¦
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The dough might be starting to rise again.
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Hitachi Data Systems, Sun Microsystems, and Hewlett-Packard this week are trying to leapfrog EMC for enterprise-class storage leadership using pretty much the same product -- HDS&#39;s new TagmaStore Universal Storage Platform.
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RSA fully on board too EMC today finished off one security acquisition and then made another one.â¦
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EMC plans to introduce a line of solid-state drives using flash memory as an option to replace some disk drives in the company&#39;s high-end Symmetrix storage arrays, a company spokesman said Monday.EMC will offer solid-state drives with capacities of 73GB and 146GB, said Abhrajit Bhattacharjee, an EMC spokesman in Singapore. The drives, which will ship this quarter, will only be available as an option with Symmetrix storage arrays, and will not be available with other products, he said.Pricing for the solid-state drives&#160;was not immediately available, but using four 73GB solid-state drives to replace four of the 146GB hard disk drives in a Symmetrix 100-disk array would increase the cost by less than 10 percent compared to a comparable system using only hard disk drives, Bhattacharjee said.Solid-state drives use memory chips instead of magnetic platters to store information. These types of drives are generally faster and consume less power than traditional disk drives, but they are also significantly more expensive.The solid-state drives are aimed at customers willing to pay a premium for the significantly faster response times these drives offer, Bhattacharjee said.EMC plans to use single-cell flash memory in its solid-state drives, which will allow for higher performance but costs more than multicell flash memory.Single-cell flash memory stores one bit of information in each memory cell, while multicell flash memory stores two. The greater density of multicell flash makes it perfect for music players and digital cameras. But multicell flash is significantly slower, making single-cell flash more suitable for high-performance applications such as solid-state drives. Single-cell flash memory is also more durable that multicell flash. Each cell on a multicell flash chip is generally good for 10,000 write/erase cycles, while the cells on single-cell chips can last for 100,000 write/erase cycles. The durability of a flash memory chip can be increased with the use of wear leveling, a technique that writes data equally to all of the memory cells on a chip instead of using the same cells repeatedly.Drives based on magnetic platters are capable of enduring unlimited write/erase cycles, but they have moving parts which can break down. Solid-state drives do not have moving parts.STEC -- the maker of the solid-state drives that EMC plans to offer -- said its solid-state drives, which use wear leveling, last more than 2 million write/erase cycles. There was no indication of how many write/erase cycles the EMC solid-state drives will be capable of sustaining.
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It appears that after more than a year of gobsmacking miscalculations, missteps and plain old mistakes, Sonyâs game group is possibly getting its act back together.
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EMC reported a 74% rise in quarterly profit and doubled its stock buyback program to $2 billion, sending shares up 4% today. The stock was also boosted by strong results yesterday from business software maker VMware Inc.
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London Underground (LU) is working to restore services across the network after a three-day strike was called off.
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EMC Corp , the top maker of corporate data storage equipment, reported a 74 percent rise in quarterly profit and doubled its stock buyback program to $2 billion, sending shares up 4 percent on Thursday.
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EMC plans to introduce a line of solid-state drives using flash memory as an option to replace some disk drives...
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I believe that investors no longer see EMC dominating the storage market. That's a good thing-in a way, even for EMC.
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Electronics vendors are working to push through a legislative mandate that will make it easier for consumers to recycle consumer electronics.
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This potential turnaround is still trying to turn.