Cisco Systems (CSCO -0.3%), EMC (EMC -0.5%) and VMware (VMW +0.7%) unveil a cloud-computing JV -...

|About: Cisco Systems, Inc. (CSCO)|By:, SA News Editor

Cisco Systems (CSCO -0.3%), EMC (EMC -0.5%) and VMware (VMW +0.7%) unveil a cloud-computing JV - Acadia - that will sell cloud infrastructure solutions based on EMC's storage equipment, Cisco's servers and networking gear, and VMWare's virtualization software. Cisco CEO John Chambers calls the move "an entirely new and unique approach to the data center that improves utilization, power consumption and security of information." (PR & video)