{"id":31717,"date":"2014-09-23T07:36:45","date_gmt":"2014-09-23T11:36:45","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=31717"},"modified":"2014-09-23T07:36:45","modified_gmt":"2014-09-23T11:36:45","slug":"emc-corporation-nyseemc-looking-for-real-strategic-revival-after-hewlett-packard-company-nysehpq-deal-snag","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/emc-corporation-nyseemc-looking-for-real-strategic-revival-after-hewlett-packard-company-nysehpq-deal-snag-31717","title":{"rendered":"EMC Corporation (NYSE:EMC) Looking For Real Strategic Revival After Hewlett-Packard Company (NYSE:HPQ) Deal Snag"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 09\/23\/2014 (wallstreetpr) \u2013 <strong>EMC Corporation (NYSE:EMC)<\/strong> is looking at various acquisition options, and the reason is quite evident. If it needs to grow, the only option in hand right now is to take over another company. Recently, <a href=\"http:\/\/www.bloomberg.com\/news\/2014-09-22\/here-s-a-backup-plan-for-emc-after-hp-deal-snag-real-m-a.html?cmpid=yhoo\" target=\"_blank\"><strong>Bloomberg reported<\/strong><\/a> that EMC while exploring its merger options, also approached <strong>Hewlett-Packard Company (NYSE:HPQ) <\/strong>for its takeover.<\/p>\n<p style=\"text-align: justify;\"><strong>The Hanging Deal between EMC-HP<\/strong><\/p>\n<p style=\"text-align: justify;\">However, the deal did not reach anywhere because the discussions did not reach mutually agreeable terms. As of now, there have been only differences with HP; especially for the takeover price. This also indicates that EMC Corporation (NYSE:EMC) might look forward to a back-up plan if the deal remains out of the question.<\/p>\n<p style=\"text-align: justify;\">Initially, these discussions had moved ahead to a level where the decision of making Meg Whitman\u00a0(HP\u2019s CEO) as the top executive of the combined company, was also taken. The disagreements started creeping in over the price.<\/p>\n<p style=\"text-align: justify;\"><strong>EMC Struggling with the Revenue<\/strong><\/p>\n<p style=\"text-align: justify;\">The 2014 revenue of the company is said to be the growing at a snail\u2019s pace, and also the slowest in over ten years. For rapid growth or enhancing the speed of revenue growth, EMC Corporation (NYSE:EMC) will have to acquire a business that is developing faster. The options in hand include <strong>Fortinet Inc (NASDAQ:FTNT)<\/strong> and <strong>Tableau Software Inc (NYSE:DATA)<\/strong>. This applies the case if EMC desires to stand alone in the future ventures.<\/p>\n<p style=\"text-align: justify;\">The other way to deal with struggling revenue growth is to sell a few shares of its stake in <strong>VMware, Inc. (NYSE:VMW)<\/strong>.<\/p>\n<p style=\"text-align: justify;\"><strong>EMC\u2019s Acquisition<\/strong><\/p>\n<p style=\"text-align: justify;\">While EMC approached HP to be acquired, people close to discussions, also told Bloomberg that it has also offered the same to <strong>Cisco Systems, Inc. (NASDAQ:CSCO)<\/strong> and <strong>Oracle Corporation (NYSE:ORCL)<\/strong>.<\/p>\n<p style=\"text-align: justify;\"><strong>The Strategic Review of EMC<\/strong><\/p>\n<p style=\"text-align: justify;\">The company had started reviewing its performance and strategic plans earlier in 2014. The Board of EMC Corporation (NYSE:EMC) has been under pressure from some time due to a shareholder demanding EMC to part ways with VMware\u2019s publically traded unit. Also, the shareholder is adamant that the company should pursue its strategic buyers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 09\/23\/2014 (wallstreetpr) \u2013 EMC Corporation (NYSE:EMC) is looking at various acquisition options, and the reason is quite evident. If it needs to grow, [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":30627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[2112,1701,752,2173,6115,7213,1050,1613,8232,605,6116,9477,753,1051,2948,3902,1300,2947,9476,9475,3903,3901],"stock_ticker":[],"class_list":["post-31717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-cisco-systems-inc","tag-cisco-systems-inc-nasdaqcsco","tag-emc-corporation","tag-emc-corporation-nyseemc","tag-fortinet-inc-nasdaqftnt","tag-fortinet-inc","tag-hewlett-packard-company","tag-hewlett-packard-company-nysehpq","tag-meg-whitman","tag-nasdaqcsco","tag-nasdaqftnt","tag-nysedata","tag-nyseemc","tag-nysehpq","tag-nyseorcl","tag-nysevmw","tag-oracle-corporation","tag-oracle-corporation-nyseorcl","tag-tableau-software-inc","tag-tableau-software-inc-nysedata","tag-vmware-inc","tag-vmware-inc-nysevmw","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EMC Corporation (NYSE:EMC) Looking For Real Strategic Revival After Hewlett-Packard Company (NYSE:HPQ) Deal Snag - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/emc-corporation-nyseemc-looking-for-real-strategic-revival-after-hewlett-packard-company-nysehpq-deal-snag-31717\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EMC Corporation (NYSE:EMC) Looking For Real Strategic Revival After Hewlett-Packard Company (NYSE:HPQ) Deal Snag - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 09\/23\/2014 (wallstreetpr) \u2013 EMC Corporation (NYSE:EMC) is looking at various acquisition options, and the reason is quite evident. 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