Topic: EMC Corporation
EMC CEO gets $9M pay package in 2009, down 23 pct
AP News
EMC CEO gets $9M pay package in 2009, down 23 percent from last yearThe pay package last year for EMC Corp. CEO Joe Tucci was 23 percent lower than in 2008, a reflection of lower equity awards and cuts to the data-storage company's executive salaries. The company's proxy ...
VMware to repurchase up to $400M of Class A stock
AP News
VMware to repurchase up to $400 million of shares, EMC to keep 80 percent stakeVMware Inc., which makes software used in corporate data centers, said Tuesday its board has approved a plan to repurchase up to $400 million of its Class A shares through the end of 2011. At the ...
VMWare buys EMC IT management business for $200M
AP News
VMWare buys EMC information technology management business for $200 millionVMware Inc. will acquire part of EMC Corp.'s Ionix information technology management business for $200 million in cash. Under the terms of the deal, EMC will retain the Ionix brand and full reseller rights. The deal is expected to close ...
Stec shares plunge on dismal 1Q revenue outlook
AP News
Stec shares plunge on 1Q sales warning, drop to be as much as 53 percent below Street estimateShares of Stec Inc. plunged Wednesday after the maker of data storage devices said first-quarter revenue would be as much as 53 percent lower than what Wall Street expected. Stec, based in Santa ...
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