Chris Preimesberger

SAN FRANCISCO-It’s pretty hard to get people-busy New Yorkers, in particular-to stop in their tracks on the sidewalk to look at an advertising display. Let’s face it, much of New York City is an advertising opportunity. Yet a single 42-inch LED display screen in the window of an unoccupied retail store on Seventh Avenue and […]

Strange to have a court of law step in and tell someone what he can and cannot do at work. But that’s exactly the case with new Hewlett-Packard Executive Vice President David Donatelli, who last month accepted his new job after serving EMC well for a long time as a high-level storage exec. Donatelli, who […]

The proverbial ball in the bidding battle between market leader EMC and NetApp over Data Domain has been swatted back in EMC’s court. NetApp on June 3 filed an offer of $1.9 billion in stock and cash, a hundred million bucks more than EMC’s June 1 offer of $1.8 billion in cash. NetApp had started […]

The “love triangle” involving data storage competitors NetApp and EMC and the object of their affections, storage systems and deduplication provider Data Domain, took a second turn June 3 when the Data Domain board of directors unanimously accepted a revised $1.9 acquisition offer from NetApp that it had received earlier in the day.However, EMC, the […]

SAN BRUNO, Calif.-Soon you may be clicking the remote from your most comfortable chair in order to view YouTube videos in high quality on a big TV screen.YouTube on the evening of June 2 launched its newest service, YouTube XL, as part of its strategy to move its content from the computer screen into the […]

Well, a full day has gone by since EMC offered 300 million more bucks than NetApp did on May 20 to acquire Data Domain, for a total of $1.8 billion. Up to now, there hasn’t been any response from either NetApp or DDUP about the EMC offer. Undoubtedly a few meetings going on. Just thought […]

Oracle CEO and founder Larry Ellison, in his first public appearance since Oracle announced April 20 that it intends to acquire Sun Microsystems for $7.4 billion, told a packed auditorium in an informal appearance onstage at the JavaOne conference in San Francisco that his new ownership will continue to invest heavily in Sun’s Java franchise. […]

Surprise! EMC now wants in on the Data Domain sweepstakes. The biggest gorilla with the most bananas in the storage cage comes to the table with an impressive cash offering: 300 million more bucks, or about 20 percent more, than NetApp’s already generous offer, for a total of $1.8 billion in cash. That’s a lot […]

EMC on June 1 dropped a surprise financial bomb on longtime competitor NetApp’s $1.5 billion offer to acquire Data Domain. EMC, the world’s largest external disk storage company, tendered an offer of $1.8 billion in cash, or 20 percent more than NetApp, which had announced May 20 a proposed transaction involving both cash and stock.NetApp […]

Cisco Systems, a profitable and steady-riding IT infrastructure provider for nearly 20 years, gained a world of prestige in the global business community on June 1 when it was named to join Dow Jones Industrial Average lineup of 30 publicly traded companies.Cisco will replace long-embattled General Motors on the list beginning June 8; GM opted […]