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Slide #59. EMC Corporation — Silver Tail Systems
EMC Corporation (EMC)
Silver Tail Systems
EMC Corporation announced it has signed a definitive agreement to acquire privately-held Silver Tail Systems, a leader in real-time web session intelligence and behavioral analysis. Upon closing, Silver Tail will operate within the RSA security division and is expected to extend the capabilities of RSA's Identity Protection and Verification (IPV) solutions, as well as other areas across RSA's enterprise security portfolio. Terms of the deal were not disclosed. The acquisition is expected to be completed in the fourth quarter of 2012, subject to certain closing conditions. The acquisition is not expected to have a material impact to EMC GAAP or non-GAAP EPS for the full 2012 fiscal year.
EMC develops, delivers and supports the Information Technology industry's range of information infrastructure and virtual infrastructure technologies, applications and services. Co. has three businesses: EMC Information Infrastructure, which comprises the Information Storage, Enterprise Content Division and RSA Information Security segments; VMware Virtual Infrastructure, which develops and markets its product and service within three product groups: Software-Defined Data Center, Hybrid Cloud Computing and End-User Computing; as well as Pivotal, which unites strategic technology, people and programs from Co. and VMware, Inc.
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Buy (2.62 out of 4)
(ranked higher than approx. 93% of all stocks covered)
Based on Zacks ABR data;
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