EMC Unveils Cloud-Computing Division

Stock quotes in this article: EMC , VMW , IBM , MSFT , CSCO , JAVA  

Decho's first offering will be Mozy's online backup service. EMC says that the unit will offer additional cloud services in the future, although the storage specialist hasn't specified what these will be. Mozy, which gets the bulk of its sales from consumers, has recently been targeting small businesses, so additional services in this area seem likely.

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