Posted on March 13, 2009 at 3:43 PM
Filed under: Acquisitions | Corporate Strategy | Trends
Tagged: Cisco , data centers , EMC , Hewlett-Packard , IBM , John Chambers , VMware

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Tech giants could start making big moves in the data center market. According to a Reuters report, on Monday Cisco Systems Inc. (NASDAQ:CSCO) will introduce computer products that will pit it against longstanding partners IBM Corp. and Hewlett-Packard Co., and could trigger a new wave of dealmaking in the tech industry.

Citing a person with knowledge of the announcement, the report says Cisco will a space-saving a blade server and a range of computing products for data centers, using technology from storage company EMC Corp and virtualization software maker VMware Inc. The report also noted that analysts said IBM and HP may pursue alliances or acquisitions to compete with Cisco.

Earlier this year at the Consumer Electronics Show in Las Vegas, Cisco CEO John Chambers promised a "stream of acquisitions" and new products from the company as often as every two months. He also noted video is a key application. - Baz Hiralal

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