EMC Corp

EMC and Dell announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for the companies’ merger.

In fiscal 1Q16, Symantec’s Information Management—Veritas—posted revenue of $587 million. This was a fall of 10% on YoY (year-over-year) basis.

For the past year, uncertainty has been looming over VMware (VMW), primarily due to the impending Dell-EMC deal. EMC has an 80% stake and 97% of the voting rights in VMware.

Last year, Dell said it anticipates roughly $2 billion in revenue synergies from the EMC transaction.

On Friday, technology (XLK) heavyweight Cisco (CSCO) fell 5% on news of the United Kingdom leaving the European (FEP)(EFA) Union.

On Friday, Hewlett-Packard Enterprise (HPE) shares fell 7.6% on news of the United Kingdom deciding to leave the European (FEP)(EFA) Union—the Brexit.

Consumer trends directly impact the semiconductor industry. For instance, consumers shifted from PC to mobile, negatively impacting Intel’s revenue.

In fiscal 4Q15, Hewlett Packard Enterprise (HPE) revenue fell 4% YoY to $14.1 billion, above analysts’ expectation of $13.5 billion.

Hewlett-Packard split into HP Inc. and Hewlett Packard Enterprise. On the first day of trading, the companies’ shares moved in opposite directions.

The revenue synergies of the Dell-EMC merger are likely to be the result of EMC’s converged infrastructure making use of Dell servers and networking products.

We live in the “Information Age,” where a huge amount of data is generated every second and storage systems are needed to store this data.

The Technology Hardware & Storage subsector underperformed the most since the beginning of January 2015. The stocks have primarily generated negative returns.

Through the sale of H3C, HP became one of the first prominent US technology companies to give control to native Chinese owners.

EMC, Pivotal, and VMware’s (VMW) virtual infrastructure collectively forms the “federated” business model of EMC Corp. The business model is unique because although all three businesses focus on their core functions separately, they all play a vital role in the delivery of IT as a service (or ITaaS).

Google and Yahoo broke large databases and distributed them across multiple servers, that led to distributed databases—which then founded advanced databases like NoSQL and new processing platforms like Hadoop.