Skip to main content

EMC Up on New Product

  • Author:
  • Publish date:

Data storage leader

EMC

(EMC)

was up 4.6% in early trading as it unveiled a new low-priced

network-attached storage system

, or NAS, designed to compete directly with rapidly-growing rival

Network Appliance

(NTAP)

Scroll to Continue

TheStreet Recommends

. Network Appliance was up 6.9%. Other companies unveiled storage systems in announcements designed to draw attention from EMC.

IBM

(IBM)

unveiled a storage system designed to work with all hardware and software. IBM was up 1.7%.

Sun Microsystems

said it would buy data-storage software maker

HighGround Systems

. Sun was up 4.6%.