EMC has $5.65 billion in cash in the bank and Bloomberg says it wants to buy security software houses with it to fuel growth.
COO Joe Goulden told the wire service last month that security is the biggest area for potential acquisitions since the company already had “all the key parts we were looking to put together” in data storage.
He also said that security had to be “reinvented” for the cloud and that a bunch of start-ups are doing that very thing.