Cisco, EMC plan cloud JV: reports

Networking firm Cisco and storage specialist EMC will set up a joint venture to sell equipment and solutions for cloud services.
The new venture, called vBlock, will be announced this week, WSJ reported
Cisco will provide networking gear and servers to the vBlock line, while EMC will contribute storage equipment and virtualization technology from its VMware subsidiary, Reuters said, quoting unnamed sources. Cisco and EMC declined to comment.
As well as selling cloud equipment, vBlock will also sell a hosted cloud service. That joint venture will assemble computer systems for customers, integrating all necessary hardware and software to make the systems work.
Cisco, which expanding out of its core IP networking business with acquisitions of home networking, video and other companies, announced in May it would build cloud platforms for service providers.
The news caps an active month for Cisco, which it offered $3 billion for videoconferencing firm Tandberg and $2.9 billion for Starent, which delivers IP traffic to mobile networks