Notable Mergers and Acquisitions of the Day 10/22: (CSCO)/(EMC) (ASYS)/(BTUI) (RPGS) (PPBI) - InvestingChannel

Notable Mergers and Acquisitions of the Day 10/22: (CSCO)/(EMC) (ASYS)/(BTUI) (RPGS) (PPBI)

* EMC (NYSE: EMC), Cisco (Nasdaq: CSCO) and VCE announced the next phase of evolution for VCE. Expected to be finalized this quarter, VCE will become an EMC business. Cisco and VMware will continue as strategic partners and investors, with Cisco having an approximately 10% equity interest in VCE. VCE’s charter will focus on simplifying the deployment of hybrid clouds, including a full range of converged infrastructure offerings, applying its unique innovations and expertise to a broad range of hybrid cloud solutions. Under this next phase, VCE will continue to advance new solutions based on its industry-leading Vblock Systems,

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