Drexel Hamilton Raises Price Target on VMware (VMW) to $85; Reiterates Buy

EMC Shareholders Vote Strongly In Favor Of Merger With Dell

July 19, 2016 10:15 AM EDT

HOPKINTON, Mass., July 19, 2016 /PRNewswire/ -- 

News Summary

EMC shareholders today approved the merger agreement with Dell. The transaction is expected to close on the original terms and within the originally announced timeframe.

EMC Corporation (NYSE: EMC) announced that, based on a preliminary vote tally from the Special Meeting of Shareholders held earlier today, EMC shareholders approved the merger agreement among Denali Holding Inc., Dell Inc., Universal Acquisition Co., and EMC, and approved the other two proposals described in EMC's proxy statement relating to... More

This Week on SecuritySolutionsWatch.com... Cisco - New IoT Solutions... and Thought Leaders at AMAG, EMC, GTX, G4S, ImageWare, NetWatcher, PortSys, Route1 Discuss Threats and Solutions

July 19, 2016 12:01 AM EDT

NEW YORK, NY -- (Marketwired) -- 07/19/16 -- EMC Corporation (NYSE: EMC), G4S (LSE: GFS), GTX Corp (OTC PINK: GTXO), ImageWare Systems (OTCQB: IWSY); Route1 (TSX VENTURE: ROI)

THANK YOU FOR JOINING US "IN THE BOARDROOM" TO DISCUSS THREATS & SOLUTIONS

Dave Schmitt, Cisco, Solutions Architect, IoT Vertical Solutions Group:... More

EMC Reports Second-Quarter 2016 Financial Results

July 18, 2016 4:25 PM EDT

HOPKINTON, Mass., July 18, 2016 /PRNewswire/ -- EMC Corporation (NYSE: EMC) today published its second-quarter 2016 financial results, which are available via a news release on the EMC Newsroom and the U.S. Securities and Exchange Commission website:

EMC Newsroom: http://www.emc.com/q2-2016-earnings U.S. Securities and Exchange Commission website:... More

VMware Reports Second Quarter 2016 Results

July 18, 2016 4:15 PM EDT

PALO ALTO, CA -- (Marketwired) -- 07/18/16 -- VMware, Inc. (NYSE: VMW), a leader in cloud infrastructure and business mobility, today announced financial results for the second quarter of 2016:

GAAP and non-GAAP revenues for the second quarter were $1.69 billion, an increase of 6% from non-GAAP revenues for the second quarter of 2015, and an increase of 11% from GAAP revenues for the second quarter of 2015.License revenues for the second quarter were $644 million, an increase of 1% from the second quarter of 2015.GAAP net income for the second quarter was $265 million,... More

KNPC Selects VMware Network Virtualization and Cloud Management Platforms as Foundations for Cloud Transformation

July 18, 2016 4:00 AM EDT

PALO ALTO, CA -- (Marketwired) -- 07/18/16 -- VMware, Inc. (NYSE: VMW), a global leader in cloud infrastructure and business mobility, today announced Kuwait National Petroleum Company (KNPC) will deploy VMware NSX® network virtualization and VMware vRealize® Suite to deliver IT as a Service through a new multi-site private cloud. Through its cloud initiative, and with the help of VMware technologies, KNPC will accelerate service delivery, improve IT efficiency and deliver a better customer experience.

KNPC is one of the biggest oil and gas companies in the Gulf region, and is considered an agile,... More