Hewlett-Packard Co. (NYSE: HPQ), which says it also evaluated purchasing the BMC assets, isnt worried. I think this is going to prove insignificant, says Don Langeberg, HPs director of storage software marketing. Rather than working on new functionalities, theyre going to be integrating existing products I feel that we have a significant product lead on them.
While it may sound as if EMC and BMC are getting cozy enough to start mentioning the M-word (again) both companies deny such rumors (see EMC Eyes BMC). There arent any discussions of mergers, Nelson asserts. Thats not on the horizon.
Following the news, EMC saw its stock jump 3.2 percent to $10.90 a share; BMC saw its stock climb 2.5 percent to $16.36 a share.
Eugénie Larson, Reporter, Byte and Switch
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