Microsoft's Old Number Three Turns Up at EMC on a Cloud

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Microsoft's Old Number Three Turns Up at EMC on a Cloud

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and Service Division that will include the four-year-old start-up EMC just agreed to buy off of him. EMC is paying cash for the Seattle-based Pi Corporation and its 100 engineers. EMC didn?t say how much but Pi was founded using Warburg-Pincus ($$$) money and EMC says the acquisition will likely dilute its EPS this year by a penny.

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Submitted: 25th of February 2008

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