EMC Corporation
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| EMC Corporation | |
| Type | Public (NYSE: EMC) |
|---|---|
| Founded | 1979 |
| Headquarters | Hopkinton, Massachusetts, USA |
| Key people | Joseph M. Tucci, Chairman & CEO |
| Industry | Computer software |
| Products | Symmetrix, CLARiiON, NetWorker, Documentum, Captiva Software, Centera, Celerra, Connectrix, ControlCenter, VMware, Rainfinity, PowerPath, Retrospect, SRDF, RecoverPoint, DiskXtender, EMC Smarts |
| Revenue | |
| Slogan | "Where Information Lives" |
| Website | www.emc.com |
EMC Corporation (NYSE: EMC) is an American manufacturer of software and systems for information management and storage. It is headquartered in Hopkinton, Massachusetts, USA. EMC produces a range of enterprise storage products, including hardware disk arrays and storage management software. Its flagship product, the Symmetrix, is the foundation of storage networks in many large data centers. The CLARiiON line was acquired with Data General.
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EMC began in 1979. The founders were Richard (Dick) Egan and Roger Marino, the E and M in the company's name. (EMC did not adopt the EMC² notation to refer to Einstein's famous equation, E=mc². The first C stands for the third partner who got cold feet before the formation of the company and the second C stands for the Corporation). Originally a manufacturer of memory boards, EMC quickly began expanding beyond memory to disk drives. Spurred on by the brainpower of Moshe Yanai (who now works at XIV), EMC quickly grew to the top with innovative and large storage platforms. Joseph Tucci became CEO in 2001, replacing Michael Ruettgers who continued as chairman until 2006.
In data storage, EMC's primary competitors are Network Appliance and Hitachi Data Systems. The company has been transitioning from a purely hardware driven company to a healthy mix of hardware/software/professional services. The big push for the future comes from its virtualization products which include VMware, Invista, and Rainfinity.
In July of 2006 EMC opened a Research and Development office in Shanghai, China, to leverage the burgeoning Chinese labor pool and facilitate a further expansion into the Chinese market.
A series of acquisitions and partnerships helped grow EMC to the largest provider of data storage platforms in the world.
In 2002, EMC acquired Prisa Networks for its storage area network (SAN) management VisualSAN product. Initially a hardware company, EMC in 2003 switched its diversification into software and services into high gear, begun under new CEO Joe Tucci in 2001, by first acquiring Legato Inc. for $1.3 billion in July, followed by its purchases of Documentum, a computer software manufacturer which produces an enterprise content management system for global enterprises worldwide, and VMware in October and December of 2003 respectively. Continuing its acquisitive streak, EMC announced the purchase of network management software company System Management Arts, Inc., also known as SMARTS. Recently, EMC has been doing a lot of work in the area of Information Lifecycle Management (ILM), and has added physical security products including the EMC Security Analysis Management Solution (SAMS). The acquisition of Rainfinity in August 2005 added a storage virtualization product targeting Global File Virtualization, that builds on the broader virtualization theme that began with VMware.
Through an acquisition of a Belgian software company called FilePool, EMC developed a data-archiving product called Centera. This content addressed storage platform addressed archiving-specific needs of ILM in rapidly changing technical environments.
On June 29th, 2006, EMC announced that it was buying security software company RSA Security, Inc. It expects the deal to be completed in late third or early fourth quarter of 2006. Once the deal is completed, RSA will act as the company's information security division.
- August 9, 1999: Data General and CLARiiON (announcement)
- December 21, 1999: Softworks (announcement)
- November 1, 2000: CrosStor (announcement)
- April 12, 2001: FilePool (became Centera)
- September 25, 2002: Prisa Networks
- April 15, 2003: Astrum
- July 14, 2003: Legato Corporation (maker of EMC Legato Networker backup software)
- October 14, 2003: Documentum (announcement)
- December 15, 2003: VMware
- October 12, 2004: Dantz Development Corporation
- November 2, 2004: Allocity
- December 21, 2004: System Management Arts
- 16 August 2005: The intellectual property of Maranti Networks
- 17 August 2005: Rainfinity
- October 20, 2005: Captiva Software
- TBC: October 25, 2005: Acartus (announcement)
- January 6, 2006: Grid Technology and Distribution partnership with Acxiom Corporation (announcement)
- January 9, 2006: Internosis (announcement)
- March 9, 2006: Authentica (announcement)
- May 9, 2006: Kashya (announcement)
- May 11, 2006: Interlink Group (annoucement)
- June 7, 2006: nLayers (announcement)
- June 19, 2006: ProActivity Software Solutions Ltd (announcement)
- June 29, 2006: RSA Security (announcement)
- September 18, 2006: Network Intelligence (announcement)
- September 18, 2006: Infoscape (announcement)
- November 1, 2006: Avamar (announcement)
- February 6, 2007: Valyd (announcement)
- "EMC Corporation" is the company's full name, shortened in the company logo by using the mathematical convention of squaring the C.
- EMC Corporation Website
- EMC Product Website
- Founder Dick Egan recalls EMC's early history
- A brief history of EMC through 1998
- EMC milestones (a historical timeline)
- Managing IT For A Flat World by David Goulden, CFO, EMC, BusinessWeek October 2, 2006
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