HP, Dell Reportedly In Talks To Acquire Cloud Pioneer EMC

EMC, which hosts massive data stores for the Fortune 500 and key federal agencies, is in play. Reports indicate Hewlett-Packard is the most aggressive suitor, with Dell a close second. EMC shares were up 1.32 percent, to $29.92, in midmorning trading Monday. EMC launched in 1979 as a data storage specialist. Its VMware unit develops software that backs an IT architecture, known as virtualization, that lets cloud providers host multiple customers on a single server. Virtualization can significant...