EMC ‘Bold Move’ Coming? Analysts See M&A Targets

By | April 2, 2015

Scalper1 News

EMC (EMC) will be pressured to make a “bold move,” possibly an acquisition of a computer security firm, to hold off activist shareholders, says Summit Research Partners. Analysts have been speculating over a major acquisition by EMC since the data storage giant held its investor day in mid-March, where CEO Joe Tucci said he expects consolidation among companies that sell information technology products to corporations. Tucci is slated to retire Scalper1 News

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