EMC rounds out virtualization August 19, 2005
-- <B>August 19, 2005</B>—This week, EMC announced acquisitions of two San Jose-based companies—Rainfinity and the intellectual property of Maranti Networks. According to a Baird US Equity Research report, the financial impact to EMC is "trivial" and will contribute limited revenue gains in the near future for the giant. Financial terms of the Rainfinity acquisition were not disclosed, but an EMC spokesperson confirmed that the price tag was "less than $100 million."
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