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Joint Venture Leaders Appointed: Michael Capellas at Helm

Strategic Insights

— 1 min read

Michael Capellas, former CEO of Compaq, has been appointed to lead the Virtual Computing Environment (VCE) coalition and serve as CEO of the joint EMC-Cisco Acadia venture. Capellas will report to EMC CEO Joe Tucci and Cisco CEO John Chambers. With a strong background in leading large technology companies, including Compaq, HP, First Data Corp., and MCI Inc., Capellas will bring valuable experience to the joint ventures.

Key Takeaways:

  • Michael Capellas, former CEO of Compaq, has been appointed to lead the VCE coalition and serve as CEO of the joint EMC-Cisco Acadia venture.
  • Capellas will report to EMC CEO Joe Tucci and Cisco CEO John Chambers, and will lead the Virtual Computing Environment (VCE) coalition and the joint EMC-Cisco Acadia venture.
  • The VCE coalition packages EMC storage, Cisco networking, and VMware virtualization products into what the companies call Vblocks.
  • The Acadia venture will handle services and integration for the VCE products.
  • Capellas has extensive experience in leading large technology companies, including Compaq, HP, First Data Corp., and MCI Inc.
  • He also sits on Cisco's board of directors.

Key Partnerships and Collaborations:

  • The joint venture includes partnerships with security technology companies MXI Security and Encryptx Corp.
  • Imation Corp. has launched the Defender Collection, a portfolio of digital storage products to protect information on at-rest storage devices.
  • Imation has partnered with security technology companies MXI Security and Encryptx Corp.

Statistics:

  • The VCE coalition packages EMC storage, Cisco networking, and VMware virtualization products into what the companies call Vblocks.
  • The Acadia venture will handle services and integration for the VCE products.
  • Imation's Defender Collection includes flash drives, external hard drives, optical storage, and software that prevent unauthorized access to confidential data.
  • The new line is Federal Information Processing Standards (FIPS) validated and compliant with the Trade Agreements Act (TAA).
  • The joint venture includes partnerships with security technology companies MXI Security and Encryptx Corp.

Sources:

  • Euclid Infotech, distributed by Contify.com, 2010.

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