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EMC results: It'll all come out in the post-Dell deal wash

+Comment EMC saw many pockets of growth in its first fiscal 2016 quarter’s results but overall revenues declined because core legacy product revenues fell, as did RSA and the enterprise content business. These declines more than offset the impressive growth rates of newer products. In the EMC earnings call, CEO and chairman Joe Tucci …
Chris Mellor, 21 Apr 2016
CEO Rob Beardon - Image via hortonworks

Hortonworks CEO tells El Reg: 'Clearly there's a lot of work to do'

Interview Hortonworks CEO, Rob Bearden, told The Register that “clearly there's a lot of work to do” as the business attempts to stop burning cash by the end of 2016. In an interview in The Marker hotel in Dublin, just across the River Liffey from where Hortonworks was hosting its EMEA Hadoop Summit, Bearden reaffirmed that the Santa …
Suitcase full of money

Dell infosec unit SecureWorks given $1.42bn price tag in IPO

Dell's cyber security subsidiary SecureWorks has been valued at up to $1.42bn ahead of an initial public offering. SecureWorks filed to go public in December 2015. The S-1 form placed with the United States Securities and Exchange Commission (SEC) at the time offered a $100m placeholder figure before the valuation, though this …

Nutanix cracks its first $100m quarter

Nutanix has cracked US$100m in quarterly revenue for the first time. The magic number - $102,697,000 to be precise, emerged in amended pre-float documentation it has lodged with the United States Securities and Exchange Commission. The amended Form S-1 now includes the quarter to January 31st, 2016. That quarter was a beauty …
Simon Sharwood, 05 Apr 2016
K2

Pure Storage's coming high-end array: We have the details

We can tell you a few more juicy details about Pure's coming high-end array, and we're deducing that SolidFire has a product capacity refresh coming. What we knew was that the new range-topper would boast up to 1.5PB usable capacity using 4 and 8TB 3D NAND modules (SSDs). It would have always-on QoS, support thousands of …
Chris Mellor, 30 Mar 2016

Intel tock blocked for good: Tick-tock now an oom-pah-pah waltz

For more than a decade, a staple of Intel's defense of Moore's Law has been a development methodology known as "Tick-Tock," but it's had its day. The news emerged in an almost-unnoticed 10-K filing from earlier this month, submitted by Chipzilla to US financial watchdog the SEC. Here's how the tick-tock works: Intel first …
shutterstock_183801788_container ship

Judging by these numbers, Dell can't wait for EMC to turn up and unload its storage

Dell's storage revenues are declining while its servers and networking figures increase. Of course, when Dell buys EMC, that'll sort out Dell's storage numbers. The figures were revealed in a filing submitted by Dell to US financial watchdog the SEC on March 11. The dossier includes revenues for its Enterprise Systems Group ( …
Chris Mellor, 15 Mar 2016
Michael Dell, photo: Dell

Private Dell mostly makes PCs – and its sales of those are down

Dell isn’t exactly in rude financial health as it marches ever closer to the $60bn+ acquisition of EMC – at least, judging by P&L accounts the privately-held Texan tech firm filed with the US SEC. The mammoth Form s-4 is supposed to paint a painfully honest picture of the businesses current position and the potential risks of …
Paul Kunert, 15 Mar 2016

Dell plans sale of non-core assets to reduce EMC buy debt

Dell and EMC have agreed on the documentation to be put to the latter's shareholders at a forthcoming meeting that will vote on the merger of the two companies. And the document reveals that Dell plans to sell off some non-core businesses after the merger. The document in question is a Form S-4, one of the many regulatory …
Simon Sharwood, 15 Mar 2016
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Pure uncloaks rack-scale FlashBlade object filer for unstructured data crowd

FlashBlade is Pure Storage’s rack-scale flash system for multi-protocol access to unstructured data and the first all-flash object-based unstructured data storage system. Although its rack-scale is differentiated from EMC’s DSSD rack-scale flash system, which is primarily for latency-sensitive structured data. It is a …
Chris Mellor, 14 Mar 2016
StoreOnce_5500

HPE targets flashy and flash-adjacent types with trio of arrays

HPE, involved in frenetic storage activities, has launched three new arrays: a hybrid StoreServ, and single and multi-node StoreOnce deduplicating backup to disk systems. There’s also a Get Thinner Guarantee program for wannabe storage capacity dieters. The 3PAR 20840 converged flash array is basically the all-flash 20850 …
Chris Mellor, 11 Mar 2016
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Dell-EMC Federation, stardate 11254.7: What about the storage?

Comment With SEC filings describing the top execs heading the intended Dell-EMC federation, the structure of the storage business becomes clearer. Basically – and surprisingly – there is no change yet. Looking at the roles of the level 2 execs reporting to Michael Dell, we now know: Michael Dell runs the whole show, Joe Tucci …
Chris Mellor, 03 Mar 2016

VMware licence changes put users on upgrade treadmill

VMware's recent vSphere licensing changes are upsetting some users. Virtzilla's changes mean the vSphere Enterprise package goes away, replaced by the vSphere Enterprise Plus. As the name implies, the second package has more stuff in it: you get big data extensions, support for GPUs, a distributed switch and lots more vFun. …
Simon Sharwood, 02 Mar 2016
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Two flashy VMAX bridesmaids bare ankles at EMC's DSSD groom

+Comment EMC has two new all-flash VMAX products as a result of re-engineering aspects of the VMAX design to lower latency. The company now has four all-flash array product families; XtremIO for relatively standard all-flash workloads; the DSSD D5 for extreme high-performance; VMAX for high performance and huge capacity inside the VMAX …
Chris Mellor, 29 Feb 2016
EMC Cork's DSSD D5 unit

EMC’s DSSD all-flash array hits the streets, boasting 10m IOPS

+Comment EMC has launched its all-flash, rack-scale DSSD D5 array* offering 10 million IOPS and 144TB in 5U of rack space. Other headline numbers for what EMC calls its rack-scale flash array are 100 microsecond latency and 100GB/sec bandwidth. Consider the D5 product as being suited for “emerging next-generation applications based on …
Chris Mellor, 29 Feb 2016

Ker-ching! IBM paid 10 times Cleversafe’s funding for the startup

IBM has revealed it shelled out $1.309bn for Cleversafe and its object storage software in October last year. This tidy cash sum, almost 10 times Cleversafe’s total of $135.4mn funding, was included in a 10-K document IBM filed with the SEC on Feb 23. That represents a lovely payout for Cleversafe’s investors. IDC reckons …
Chris Mellor, 25 Feb 2016
Panic button

Imation owner to Violin: Talk now or it's (proxy) war

Happy weekend guys and let us in, or else it's proxy war. On Friday the Clinton Group and Imation, both stockholders of Violin Memory, sent a forceful letter to Violin's Board about the ongoing sale process and a need for dialogue. Imation is controlled by the Clinton Group. The two companies believe that troubled Violin …
Chris Mellor, 20 Feb 2016
Toshiba SG5 M2

Toshiba rolls out PC-busting monster: 1 terabyte TLC flash SSD

It’s a PC disk drive killer: a 1TB SSD built by Toshiba, using TLC flash, and built with 15nm cell lithography. The SG5 series comes in both M2 and 2.5-inch SSD format and signals a wave of product refreshes as Toshiba's existing 19nm SSD products are changed over to use denser 15nm NAND during the next six to 12 months. With …
Chris Mellor, 17 Feb 2016
Toilet roll printed with fake US $100 bills

Dell all-hands staff letter says EMC takeover funds are in the bag

Dell has written to its global workforce, advising them that its transaction to acquire EMC is on track. In a letter recorded by to the United States Securities and Exchange Commission (SEC), Dell chief integration officer Rory Read says “I want to address some of the chatter over the past few weeks about possible financing …
Simon Sharwood, 17 Feb 2016
Suitcase full of money

US software biz fined $28 million for bribing Chinese buyers with free vacations, gifts

Massachusetts-based software maker PTC and two of its Chinese subsidiaries have been fined $28m for bribing buyers in the Middle Kingdom. US regulator the SEC found that PTC, which builds design and process management software, broke the Foreign Corrupt Practices Act (FCPA) between 2006 and 2011. The American biz bunged …
Iain Thomson, 16 Feb 2016
Toilet roll printed with fake US $100 bills

Imation: Data storage? No, come to us for, er, investment advice

Analysis Activist investor-controlled Imation is setting up an investment advisor subsidiary and putting $20m into an offshore investment fund controlled by the activist investor controlling Imation. In an 8-K SEC filing, Imation stated its management "approved a plan to establish a registered investment adviser as a wholly-owned …
Chris Mellor, 09 Feb 2016

Arrow: Fraudsters impersonated one of our execs to steal money

Enterprise tech distributor Arrow Inc will take a $13m charge on the chin after a fraudster posing as a company exec transferred money from the corporate bank account to an external one. The admission came as Arrow outlined calendar Q4 numbers for the three months ended 31 December, with sales up six per cent year-on-year and …
Paul Kunert, 05 Feb 2016

SAP pays $3.9m to settle Panama government bribery case

SAP will pay nearly $3.9m after a senior executive was found to have bribed officials in the government of Panama to land lucrative deals. The software giant has agreed to pay $3.7m in profit plus an extra $188,896 in interest. SAP did so without admitting or denying the findings of the regulator that brought the bribery case …
Gavin Clarke, 03 Feb 2016
EMC Cork's DSSD D5 unit

We've just stepped out of our time machine, and we can reveal ... EMC's new kit for early 2016

Analysis EMC has new storage products coming in both external shared array form and in its converged and hyper-converged systems lines of products, using new VSAN capabilities. These will be announced over the next two quarters and will change the shape of EMC's product lines. We think we now have an overall view of what the mainstream …
Chris Mellor, 01 Feb 2016

How Symantec scuppered Veritas sell-off six ways to Sunday

A champagne bottle's crack, a splash, and cheers rang out as the good ship Veritas was launched on the banks of Symantec's river – sent off to steam the data storage seas own with a new owner: the Carlyle Group. It's had an inauspicious launch: Symantec had to cut the price tag for Veritas by $800m due to "uncertainties" and a …
Chris Mellor, 01 Feb 2016
Sharon White, new head of Ofcom, former Second Perm Sec at the Treasury

Ofcom's head is dead against Three and O2's merger

Ofcom chief exec Sharon White has decided to tell everyone what she really thinks about the possible £10.5bn merger between O2 and Three – and it turns out the regulator-in-chief is not a fan. Hong Kong’s CK Hutchison announced its intention to acquire O2 from Telefónica last year. However, the European Commission has opened …
Kat Hall, 01 Feb 2016
Theresa May

UK Home Sec wants Minority Report-style policing – using your slurped data

UK Home Secretary Theresa May has called on police forces to use predictive analytics in crime prevention as a way of mining the "vast quantities of data" the public now generates. Speaking at the Police ICT Suppliers Summit, she said: "Forces have not yet begun to explore the crime prevention opportunities that data offers …
Kat Hall, 27 Jan 2016

Ex-VMware CEO Di Greene drops mystery storage system box, dares you to open it

Diane Greene's storage startup Datrium is making its initial DVX product available, saying it is the first server-powered storage system which is not a hyper-converged appliance or virtual SAN. What does that mean? The big problem with dual-controller storage arrays is that their performance goes down as the number of hosts …
Chris Mellor, 26 Jan 2016
Toshiba_PX04S_950

Big reader? Toshiba tweaks endurance, wrings out low-write SSD

Toshiba has fashioned a fifth enterprise SSD variant by cutting the entry-level PX04’s endurance in half, and fitting it for another read-intensive market niche. The PX04SRB has an endurance of one full drive write per day (1 DWPD) for five years and was positioned back in August as a read-intensive enterprise SSD, compared …
Chris Mellor, 19 Jan 2016
Vinod_Khosla

Industry vet Khosla kicks Dell-EMC in the innovation crotch

Comment Billionaire, venture capitalist guru and Sun Microsystems co-founder Vinod Khosla thinks the merged Dell-EMC will result in a rusty innovation pipeline. Unsurprisingly, EMC CTO John Roese says Khosla's all wrong. Khosla passed his judgement during an interview at a Structure Conference in San Francisco last month. The $67bn …
Chris Mellor, 14 Jan 2016
Seagate_10TBers

Seagate floats out 10TB HDD filled with lifting gas

Seagate has caught up with WDC’s HGST unit and built a 7-platter, 10TB disk drive filled with helium gas. Western Digital Corporation (WDC) introduced its own 10TB Ultrastar He10 drive in December last year. This was a standard PMR tech drive, unlike the Ultrastar Archive Ha10 announced in June 2015, which used shingled …
Chris Mellor, 13 Jan 2016
Paul O' Grady poses with a small dog.

Apple CEO Tim Cook was paid more than $28,000 a day in 2015

Apple CEO and Paul O’Grady lookalike Tim Cook's package swelled to more than $10m in 2015 – but he still can’t take family members on work trips unless he coughs up himself. According to an SEC filing, the company “significantly exceeded the maximum goals” set by the Compensation Committee, meaning that Cook and his generals …
Paul Kunert, 07 Jan 2016
Chad Sakac

EMC's VCE welcomes new president amid '250-plus layoffs at all levels'

It's all change at the top of VCE, the converged data center infrastructure subsidiary of EMC, with Chad Sakac taking the president's job. Sakac has spent the last 11 years with EMC, ending up as the president of global systems engineering, a role he'll continue to fill in addition to heading VCE. He'll effectively replace the …
Iain Thomson, 07 Jan 2016

EMC goes on the chainsaw diet to slash $850 million

EMC's preparing for a huge round of layoffs, announcing last Thursday that it's set aside a quarter of a billion, US$220 million of it for cash payments. In advance of its acquisition by Dell, the company is hoping to carve $850 million out of its cost base. Last October, El Reg predicted the Dell/EMC stroll down the aisle …
sap security vulnerabilities

Ex-SAP exec sent down for 22 months after bribing govt IT officials

A former regional director of SAP has been sentenced to 22 months in jail – plus three years of supervised release – for greasing the palms of government IT buyers. Vicente Eduardo Garcia, 65, of Miami, Florida, pleaded guilty in August to bribing Panamanian government officials to secure a contract for one of the company's …
Kieren McCarthy, 21 Dec 2015

New bill would require public companies to disclose cybersecurity credentials

A new bill introduced to Congress on Thursday would require US publicly listed companies to disclose who on their Board has cybersecurity expertise. If it passes, the Cybersecurity Disclosure Act of 2015 would oblige companies to add details of which, if any, of their directors know about online security in filing to the …
Kieren McCarthy, 18 Dec 2015
Wall St bull image via Shutterstock

Dell SecureWorks files for IPO

Dell security subsidiary SecureWorks is trying to raise funds for working capital and acquisitions, according to a filing with the SEC. The S1 Form lodged last night indicates the division expects to sell up to $100m in stock but this is a placeholder figure that could change before the flotation. Under the terms of the plan …
Paul Kunert, 18 Dec 2015
Godzila

Dell 'fesses up: We may buy back $3bn+ in VMware tracking stock

Dell could spend at least $3 billion in buying back VMware tracking stock in the latest piece of financial engineering surrounding the proposed purchase of EMC. EMC owns 80 per cent of VMware and the idea was that a tracking stock should be established for VMware. In this way, if and when Dell owns EMC and offers some VMware …
Chris Mellor, 15 Dec 2015

VMware backs out of Virtustream business

In a curt statement to the US Securities and Exchange Commission (SEC) 8K filing today, VMware killed the Virtustream venture it had proposed with parent EMC. The statement, by VMware CFO, COO, and EVP Jonathan Chadwick, said "VMware announced that it will not be participating in the formation of the Virtustream Cloud Services …
Chris Mellor, 14 Dec 2015

Teradata: We're going to concentrate on data analytics. So we've binned our top man

Teradata has axed its co-president for data and analytics, meaning Herman Wimmer is out of a job. In an SEC filing the company said it is exiting its marketing applications business so it "can focus exclusively on its core Data and Analytics business." This follows poor results in its third quarter. The filing says Teradata …
Chris Mellor, 04 Dec 2015

Systemax: Shuttering our North America Tech Group may cost $55m

Systemax has gone public with the cost of dotting the Is and crossing the Ts in the closure of its remaining North America Technology Group (NATG), and it's going to be pricey. Very pricey. The ailing reseller revealed last week that US dealer PCM has offered $14m to pick up certain assets, including the right to hire roughly …
Paul Kunert, 24 Nov 2015

Buffet would take a $2bn hit on IBM shares … if he cashed in now

Warren Buffet, one of the world’s wealthiest men and a stock market gambler renowned for avoiding tech bets, is counting the billions of dollars lost – as it stands – after taking a punt on IBM. The tycoon’s Berkshire Hathaway fund has confirmed some 16 per cent of its $12.3bn cash splash on Big Blue shares over the past four …
Paul Kunert, 09 Nov 2015
Huawei_sign

Huawei who? We probe the sleeping storage dragon's brains

Part I Huawei is China's Cisco or Sweden’s Ericsson without the storage hangups that affect the US networking giant. It's a $46.5bn colossus with 170,000 employees, privately-owned by its Chinese national employees, with no venture capital investment and three rotating CEOs. This is most assuredly not your average IT corporation. …
Chris Mellor, 06 Nov 2015
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Top watchdog probes IBM over 'transactions in US, UK, Ireland'

IBM's stock price has taken a hit after the tech titan revealed it is under investigation by the US Securities and Exchange Commission (SEC). Big Blue said in its latest 10-Q filing that for the past two months, the financial watchdog has been looking into its accounting practices. "In August 2015, IBM learned that the SEC is …
Shaun Nichols, 27 Oct 2015
Dell_SC9000

We SC what you did there, Mikey: Dell emits top-end array, hyper-converged boxes

Dell has launched a flagship SC9000 Compellent array plus a more powerful XC hyper-converged system. It comes just days after Michael Dell launched a bid to buy EMC, which involves overlapping VNX array and ScaleIO hyper-converged products. The SC9000 is the fourth product in the dual-controller, Fiber Channel-accessed SC …
Chris Mellor, 20 Oct 2015

SaaS biz 'made up 99% of sales and defrauded investors of millions'

If you bought internet services from Illinois-based ContinuityX Services, the US Securities and Exchange Commission would like a word, since you may be part of a very, very small group – far smaller than the company itself represented. "We allege that Godwin and Roth cheated investors out of millions of dollars, depicting …
Iain Thomson, 30 Sep 2015
Railway line split. Pic: Ian Sane

Blood in the boardroom as Imation ejects from tape media business

Clinton Group execs in charge at struggling Imation have started restructuring the business to make it a tastier dish, discarding its tape media business, selling off property assets and starting a Nexsan array business restructuring exercise. Activist investors at the Clinton Group deposed Imation’s existing board chairman …
Chris Mellor, 29 Sep 2015

We want flying space cars and robo-butlers, and Pure Storage wants $450m in IPO cash

Flashy all-flash-array startup Pure Storage wants $450m in cash from its looming stock market debut. This would value the company at $3.1bn, giving its venture-capital backers a return of up to 6.6x on $470m in total funding. In an amended S1 filing with US financial watchdog the SEC, Pure Storage has priced its IPO shares …
Chris Mellor, 25 Sep 2015
Pink_slips

Workforce DECIMATION: QLogic fires up its pink slip printer

Prepare for pink slips. Following lousy results and the CEO leaving, server and storage biz QLogic has announced a restructuring program – with sacked bodies seemingly being the only feature. Available here, the brief SEC filing states: On 2 September, 2015, QLogic Corporation (the “Company”) approved a restructuring plan …
Chris Mellor, 15 Sep 2015
StoreServ_20000_rack_detail

HP's 3PAR trifecta soups up entry-level, AFAs and software

HP has replaced its 7000 series 3PAR StoreServ array with a gen-5 ASIC-based StoreServ 8000, starting at $19,000. It's also added a top-end 20800 starter config, a lower-cost 20000 all-flash product, and enhanced its StoreServ OS. The new all-flash array (AFA) products will increase the competitive heat on IBM, EMC, Pure …
Chris Mellor, 27 Aug 2015

Opinion

Walking on water, image via Shutterstock

Chris Mellor

IDC stats reveal who's who in the backup appliance bearpit
Carry on Cleo

Gavin Clarke

Infamy, infamy, Amazon and Microsoft have all got it in for me!

Tim Anderson

Also signals stronger cross-platform tools, access to new markets

Features

Shouting match
Single market vs. rest of the world
hacker
Mostly it's financial crime. Here's what all the cool kids' terms mean in English
Apple logo. Pic: Blake Patterson
Plenty of bumps in the 40-year road for Mac makers
single pain of glass