Cisco and EMC plan partnership, not merger

Nov 3rd, 2009 - Reuters

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BOSTON (Reuters) - Tech heavyweights Cisco Systems Inc and EMC Corp dampened speculation of a merger as they unveiled a partnership to take on rivals Hewlett-Packard Co and IBM.

The companies have spent three years developing technology and ironing out the details of a deep partnership through which they will bundle Cisco's networking equipment and server computers with EMC's storage and virtualization technology.

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