GigaOm reports that VMware (NYSE:VMW) is likely to spin off its Cloud Foundry app development platform and merge it with its parent company EMC‘s (NYSE:EMC) database software business, along with cloud infrastructure Project Rubicon; the move may be a strategy by the companies to address the current popularity of all things cloud and big data on Wall Street, while at the same time assuage customer apprehensions regarding being tied up with their virtualization and storage solutions.
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Agilent (NYSE:A) acquires the wireless test systems business of Spain’s AT4 Wireless in a bid to bolster its own product line with AT4′s NFC, RFID and Bluetooth testing hardware; the acquisition will add 130 employees in Spain and comes after Agilent’s $2.2 billion acquisition of Dako, a life sciences testing firm.
Shares of Cheniere Energy (AMEX:LNG) fell after the company announced a common stock offering of 20 million shares that will be used to repay 2.25 percent convertible notes due August, capital expenditure such as the Creole Trail Pipeline and for corporate functions.
Morgan Stanley’s Nigel Coe takes an incisive look at General Electric’s (NYSE:GE) aura of being poised cyclically to leverage an improving economy, and says that the manufacturing and financial units, if looked at separately, are actually trading at substantial premiums to comps., which could unwind in the presence of some pricing competition.
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