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November 17, 2008

EMC Unveils Cloud-Computing Division

James Rogers
EMC launched a new company to tap into growing demand for so-called cloud computing. The company’s new Dech unit will deliver “cloud” services — sharing and storing information over the Web. Decho combines two separate EMC businesses; online backup specialist Mozy, and Pi, which stores personal data such as emails and files.

Full story at TheStreet.com