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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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From: JakeStraw	11/10/2010 3:26:53 PM
	of 17183

EMC Acquires Bus-Tech finance.yahoo.com Accelerates the Ability of Mainframe Users to Migrate Off Aging Tape-Based Storage Infrastructures The opportunity for mainframe users to eliminate tape infrastructure and embrace next-generation disk-based backup solutions is being driven by mainframe virtual tape and data deduplication technologies. Bus-Tech and EMC are technology and market leaders in these respective categories. IDC estimates mainframe tape storage and media revenues will be $2.5 billion between 2010 and 2014, creating a significant market opportunity for disk-based storage in mainframe tape environments. The combination of EMC disk library and EMC deduplication storage systems with Bus-Tech mainframe virtual tape library controllers gives mainframe users a simple, cost-effective way to eliminate complex and aging tape-based systems. This accelerates their batch, backup and disaster recovery processes while providing automation and reliability levels that tape-based systems simply cannot deliver.

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