EMC beefs up its stake in VCE, buys out majority of Cisco’s share
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EMC has announced it is to merge data centre biz VCE into its main organisation, buying out all but 10% of Cisco’s stake in the company.
The news comes weeks after EMC announced the buy of open cloud provider Cloudscaling, and can be seen as an advancement of the ménage a trois-esque relationship between EMC, VMware and Cisco in ownership of VCE.
The converged infrastructure (CI) provider was originally set up as a joint venture between EMC, VMware and Cisco in order...