New kid on the bloc or the birth of a new computer company?

Last month, Cisco and EMC appointed Michael Capellas to lead the VCE coalition and named him CEO of ACADIA the Cisco-EMC joint venture with investment from Intel and VMware where he reports to Joe Tucci, John Chambers and the ACADIA board (consisting of two EMC execs and two Cisco execs plus Capellas). It's hard to imagine anyone able to have that many top level bosses but Capellas certainly isn't your average CEO. Capellas was Chairman and CEO of Compaq in 1998 leading up to its acquisition by HP where he spent time after the merger as president. After that he ran MCI during a difficult rebuilding phase. You might wonder why Capellas would take on an assignment like ACADIA - we've been told since it was formed in November 2009 that ACADIA was set up to sell Vblocks - preconfigured versions of Cisco's UCS server, EMC storage and VMware software. But maybe there's going to be more to this story than that - what might interest someone like Capellas is the launching pad to build something bigger - more than an entity selling preconfigured packages - more like a new computer company. ACADIA could be the perfect platform for doing this — with a birthright consisting of networking, server, storage, software and with Capellas as CEO can it grow quickly enough to compete with the likes of computer giants IBM and HP?