Thursday, September 03, 2009

Cisco, EMC Weigh Tech-Services Venture - WSJ.com

I suspect we’ll eventually see the companies combine

Cisco Systems Inc. and EMC Corp. are in talks to form a new joint venture to provide technology services, in a move by the companies to branch into new areas in the increasingly competitive tech sector.

The joint venture plans to target large businesses and emphasize installing products from Cisco and EMC, according to people briefed on the plan. Cisco, which provides networking gear, and EMC, a maker of technology storage, would both have board representation on the new company, these people said.

Cisco, EMC Weigh Tech-Services Venture - WSJ.com

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