Feeds

EMC is shopping for Indian startups

India hopes for slice of emerging tech shop-fest

Reducing the cost and complexity of web vulnerability management

EMC has revealed that it's set aside US$2.3 billion for acquisitions, and is tagging the startup sector in India as one target for its shopping expeditions.

The company has told India's The Economic Times in India that it has a particular eye for startups in that country. Chirantan Desai, who heads up EMC's emerging technology products division told the outlet that the storage giant has already contacted some potential acquisition targets.

It's particularly interested in flash storage, software defined storage, and converged infrastructure, Desai told The Economic Times, with an eye to making sure EMC can keep pace with the performance demands of emerging enterprise applications. Which is not to say the demand is enormous: IDC's new Storage User Demand Study, 2013 — Fall Edition: Rising Adoption of Flash Storage found that "There are still plenty of end users who don't see a value in adopting flash-based storage systems", but that falling prices are likely to make flashy arrays more attractive before too much time has passed.

EMC also told the newspaper its internal R&D spend will match its acquisitions budget, and it's launching a hiring drive in the subcontinent, looking for data scientists, storage specialists and engineering graduates to boost its existing 3,500 workforce in India.

An acquisition drive could also be viewed in the light of Elliott Management's push to have the company spin out the VMWare business, having bought US$1 billion of EMC shares.

If Desai were able to deliver the right acquisitions to CEO Joe Tucci, it could help boost the value of EMC stock, giving other investors reason to maintain the faith, and help Tucci keep his titanic reputation intact ahead of his retirement in February 2015. ®

Reducing the cost and complexity of web vulnerability management

More from The Register

next story
Wanna keep your data for 1,000 YEARS? No? Hard luck, HDS wants you to anyway
Combine Blu-ray and M-DISC and you get this monster
US boffins demo 'twisted radio' mux
OAM takes wireless signals to 32 Gbps
Apple flops out 2FA for iCloud in bid to stop future nude selfie leaks
Millions of 4chan users howl with laughter as Cupertino slams stable door
No biggie: EMC's XtremIO firmware upgrade 'will wipe data'
But it'll have no impact and will be seamless, we're told
Students playing with impressive racks? Yes, it's cluster comp time
The most comprehensive coverage the world has ever seen. Ever
Run little spreadsheet, run! IBM's Watson is coming to gobble you up
Big Blue's big super's big appetite for big data in big clouds for big analytics
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.