This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Cisco and EMC, Together With VMware, Form Coalition to Accelerate Pervasive Virtualization and Private Cloud Infrastructures 2009-11-03 09:15 ET - News Release Also News Release (U-CSCO) CISCO SYSTEMS INC Also News Release (U-EMC) E M C CORP MASS
SAN JOSE, CA
-- (MARKET WIRE)
-- 11/03/09  
Cisco (NASDAQ: CSCO) and EMC, together with
VMware, today introduced the Virtual Computing Environment coalition, an
unprecedented collaboration of three information technology (IT) industry
leaders. The coalition has been created to accelerate customers' ability to
increase business agility through greater IT infrastructure flexibility,
and lower IT, energy and real estate costs through pervasive data center
virtualization and a transition to private cloud infrastructures.
Cisco, EMC and VMware have worked closely over the past year on a shared
vision for the future of enterprise IT infrastructure -- private cloud
computing. A private cloud is a virtual IT infrastructure that is securely
controlled and operated solely for one organization. It can be managed
either by that organization or a third party, and it can exist on or off
premises or in combination. Private cloud computing offers the controls and
security of today's data center with the agility required for business
innovation at substantially lower costs.
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