EMC Buys Into Cloud Computing with Pi Acquisition

From TechTarget: EMC Corp. has acquired a startup still in stealth called Pi Corp. in an all-cash transaction for an undisclosed amount. Pi Corp. founder and CEO Paul Maritz will join EMC as president and general manager of EMC’s newly created best cloud storage infrastructure and Services Division, reporting directly to EMC CEO Joe Tucci. …

Citrix to Announce XenSource Purchase

The Register is reporting that Citrix will be letting everyone know tomorrow that it plans to acquire XenSource tomorrow. This doesn’t come as much of a surprise as we know Citrix has been looking long and hard at a virtualization platform. While this seems to be a very good move on behalf of Citrix, it …