Cloud Computing: EMC beefs up its stake in VCE, buys out majority of Cisco’s share

Grazed from CloudTech. Author: James Bourne.

EMC has announced it is to merge data centre biz VCE into its main organisation, buying out all but 10% of Cisco’s stake in the company. The news comes weeks after EMC announced the buy of open cloud provider Cloudscaling, and can be seen as an advancement of the ménage a trois-esque relationship between EMC, VMware and Cisco in ownership of VCE.

The converged infrastructure (CI) provider was originally set up as a joint venture between EMC, VMware and Cisco in order to create Vblock, a cloud computing platform which morphed into CI. In a blog post reflecting on this alliance Gary Moore, president and COO of Cisco and Howard Elias, president and COO of EMC, described is as “the most successful in IT history.”…

The duo put the success of the platform down to “the best technologies, combined with a maniacal focus on the customer experience and tremendous execution by talented teams.” EMC noted VCE will remain intact under CEO Praveen Akkiraju, with Cisco and VMware continuing as “strategic partners and investors” in the firm…

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