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Fly News Breaks for May 27, 2015
EMC
May 27, 2015 | 07:52 EDT
After EMC agreed to buy privately held Virtustream, Oppenheimer says it's positive on Virtustream's high-end cloud workload focus and how it solidifies EMC's hybrid view. However, the firm says that Virtustream is too focused on SAP applications, and it is concerned that the deal could make some of EMC's partners increasingly view it as a competitor. The firm keeps an Outperform rating on EMC.
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