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EMC Drops $1.2B On Virtustream To Expand Cloud Presence

By Maya Rajamani ( May 26, 2015, 4:29 PM EDT) -- Massachusetts-based EMC Corporation will pay $1.2 billion for cloud computing software provider Virtustream, the company said Tuesday, in an all-cash deal that will expand its cloud services business as the IT industry moves toward cloud-based technology....

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