Mergers and Acquisitions Review: EMC SEEKS Security Companies, Xstrata Might BUY Walter Energy

These were yesterday’s top stories:

EMC Corporation (NYSE:EMC) Chief Operations Officer David Goulder confirms that his firm is interested in acquiring security companies, as it has been recently seeking ways through which to decrease its storage hardware exposure. On the company’s shopping list could be richly-valued names like Fortinet, Palo Alto Networks, and Sourcefire, along with less expensive vendors such as IntraLinks, Vasco Data, and Websense. EMC’s second quarter storage software sales increased by 13 percent year-over-year.

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Shares of coal producer Walter Energy, Inc. (NYSE:WLT) rebound following a tweet by Doug Kass which speculated that Xstrata Plc (XSRAF.PK, XSRAY.PK) could be mulling an approximate $47.50 per share bid for the company.

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