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Tag Archives: managed cloud services business

EMC Signs $1.2B Cash Deal to Buy Virtustream

EMC (NYSE: EMC) has agreed to purchase Virtustream for approximately $1.2 billion cash in a bid to help enterprise clients migrate to cloud-based information technology systems. The companies expect to close the transaction in the third quarter of 2015 and Virtustream, led by Rodney Rogers, will operate as a managed …

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