new arrays?
could that be VMAX
EMC landed a punch on behalf of tech's old guard after it won a $75m deal to furnish Salesforce with shiny new on-premises storage hardware, sources have claimed. Salesforce last month took infrastructure services away from its cloud server staff and put them into the hands of AWS in a contract valued at $400m. But company …
So in other words it was surplus and Benioff by-passed the channel and got himself a great discount, no doubt for listing on eBay.
If EMC had any skin left in this game they wouldn't be getting absorbed by Dell, even with all the turmoil over at Sunnyvale, California those folks have still managed to stand on their own feet.
RIP EMC
@returnofthemus. RIP indeed.
Disagree with your "if EMC had any skin left in this game" comment.
EMC had no succession plan for Tucci and a corporate raider scumball, Paul Singer who once held the Argentinian Navy hostage screwed everyone and himself in the process; is the reason EMC will be no more [unless the Chinese screw-up the deal; which looks like that could happen - perhaps the Donald could piss them off some more].
Singer bought less than 2% of the outstanding stock stock @ $22 a share and told the world he could get them $40. Instead, in 2-years of parking his $2B at EMC, he will get himself and his hedgefund $22/share plus a worthless tracking stock in Vmware. [worth $6.66 on paper - but only if there is a market - I mean who in their right mind would by that crap when you can buy the real shares]. And even if the tracking stock is worth $6.66, that's less than a 3% return per year; he could have done better in the bond market.
Sometimes karma catches up with the liars and cheats.
Enjoy your winnings Mr. Scumball.
Not sure where you got the $6.66 from?
http://www.benzinga.com/analyst-ratings/analyst-color/16/07/8257384/vmwares-new-class-v-stock-examined-by-bernstein
"Class V stock - assigned a discount of 25-35 percent", and the stock price is over $70 a share at the moment, so that is a nice number all the same.
This pricing also means there is a market, if there isn't a market they would be penny shares!
I think Mr. Singer will be happy out