John Blau and Scarlet Pruitt

Articles by John Blau and Scarlet Pruitt

EMC to pay US$1.3 billion for Legato

Data storage vendor EMC Corp. has agreed to buy Legato Systems Inc., a maker of storage management software, in a stock transaction valued at US$1.3 billion, the companies said Tuesday.

Bertelsmann sued over Napster

German media company Bertelsmann AG, after writing off a substantial investment in defunct song-swap pioneer Napster Inc., now faces a multibillion dollar lawsuit from a group of music publishers.

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