EMC buys TwinStrata, upgrades XtremIO software to 3.0

EMC buys TwinStrata, upgrades XtremIO software to 3.0   Shares of EMC fell heavily yesterday as the company made a slew of announcements including the acquisition of cloud storage startup, TwinStrata.EMC stock fell by 1.6% on the day that saw the value of the infrastructure giant fall to just over $54 billion (around £31.6 billion, AU$58 billion).TwinStrata is platform-agnostic, supporting Amazon S3, Rackspace Cloud, Google, HP and many other cloud storage providers and its CloudArray technology is probably what sealed the deal. Read more >