Misplaced Pages

Dell EMC

Formerly	EMC Corporation
Company type	Subsidiary
Traded as	NYSE: EMC (1986–2016)
Industry	Computer storage
Founded	August 1979; 45 years ago (1979-08)
Founders	Richard Egan Roger Marino
Headquarters	Hopkinton, Massachusetts Round Rock, Texas, United States
Area served	Worldwide
Key people	Jeff Clarke (president, Infrastructure Solutions Group, Dell EMC)
Products	See EMC products
Revenue	US$41.224 billion (2021)
Parent	Dell Technologies (2016–present)
Website	www.dell.com

Dell EMC (EMC Corporation until 2016) is an American multinational corporation headquartered in Hopkinton, Massachusetts, and Round Rock, Texas, and is a subsidiary of Dell Technologies. Dell EMC sells data storage, information security, virtualization, analytics, cloud computing and other products and services that enable organizations to store, manage, protect, and analyze data. Dell EMC's target markets include large companies and small- and medium-sized businesses across various vertical markets.

The company's stock (as EMC Corporation) was added to the New York Stock Exchange on April 6, 1986, and was also listed on the S&P 500 index. EMC acquired Iomega in 2008, and a 2013 partnership with Lenovo resulted in the rebranding of Iomega as LenovoEMC. EMC was acquired by Dell in 2016, which led to the joint venture with Lenovo dissolving. At that time, Forbes noted EMC's "focus on developing and selling data storage and data management hardware and software and convincing its customers to buy its products independent of their other IT buying decisions" based on "best-of-breed." It was later renamed to Dell EMC. Dell uses the EMC name with some of its products.

History

EMC, founded in 1979 by Richard Egan and Roger Marino (the E and M of EMC), introduced its first 64-kilobyte (65,536 bytes) memory boards for the Prime Computer in 1981. EMC continued to develop memory boards for other computer types. In the mid-1980s, the company expanded beyond memory to other computer data storage types and networked storage platforms. EMC began shipping its flagship product, the Symmetrix, in 1990.

While some of EMC's growth is credited to acquisitions of smaller companies, Symmetrix was the main factor in EMC's rapid growth during the 1990s, from a firm valued in the hundreds of millions of dollars to a multi-billion dollar company.

In 2009 EMC signed a two-year deal to be the principal shirt sponsor for English Rugby Union club London Wasps in a deal worth £1 Million. This was later extended until the end of the 2013 season.

Michael Ruettgers joined EMC in 1988 and served as CEO from 1992 until January 2001. Under Ruettgers' leadership, EMC revenues grew from $120 million to nearly $9 billion 10 years later, and the company shifted its focus from memory boards to storage systems. Ruettgers was named one of BusinessWeek's "World's Top 25 Executives"; one of the "Best Chief Executive Officers in America" by Worth magazine; and one of Network World's "25 Most Powerful People in Networking".

Ahead of their acquisition by Dell, EMC gained a reputation for oppressive non-compete agreements and non-compete lobbying through AIM (Associated Industries of Massachusetts)

Acquisition by Dell

On October 12, 2015, Dell Inc. announced its intent to acquire EMC in a cash-and-stock deal valued at $67 billion, which as of 2021 remains the largest-ever acquisition in the technology sector. The combination of Dell's enterprise server, personal computer, and mobile businesses with EMC's enterprise storage business was a significant vertical merger of IT giants. Dell offered $24.05 per share of EMC, and $9.05 per share of tracking stock in VMware.

On September 7, 2016, Dell Inc. completed the merger, which involved the issuance of $45.9 billion in debt and $4.4 billion common stock. At the time, some analysts claimed that Dell's acquisition of the former Iomega could harm the LenovoEMC partnership.

Products and services

In addition to those of the majority-owned Pivotal company, Dell EMC sells products and services, including products from other Dell Technologies companies, designed to allow IT departments to move to a cloud computing model and to analyze big data. LenovoEMC, formerly Iomega, sells storage products.

Major acquisitions

The following table includes the listing and timeline of EMC Corporation's major acquisitions of other companies since 1996.

Big data projects

In 2012, EMC sponsored The Human Face of Big Data, a globally crowdsourced media project focusing on the ability to collect, analyze, triangulate and visualize vast amounts of data in real-time. The Human Face of Big Data, produced by Rick Smolan and Jennifer Erwitt, includes "a number of fascinating stories ... represent some of the most innovative applications of data that are shaping our future".

See also

• Connectrix

References

1. "Investor Relations: Frequently Asked Questions - EMC.com". EMC Investor Relations. EMC Corporation. Archived from the original on July 29, 2016. Retrieved September 6, 2016.
2. ^ "About EMC Corporation". Emc.com. Archived from the original on January 11, 2008. Retrieved October 15, 2015.
3. "EMC Corporation Company Information". Hoover's. 2012. Retrieved February 1, 2013.
4. Dignan, Larry (January 17, 2011). "EMC targets mid-market, plans to undercut NetApp". ZDNet. Retrieved September 26, 2013.
5. "EMC Corporation Announces Two-for-One Stock Split". Annual Meeting of Stockholders (Live Video Web). D&B AllBusiness. May 3, 2000.
6. "Iomega Accepts Takeover Offer". The New York Times. Reuters. April 9, 2008. ISSN 0362-4331. Retrieved December 4, 2020.
7. ^ "Lenovo and EMC Create LenovoEMC JV to Bring Network Attached Storage to SMBs and Distributed Enterprise Sites". January 3, 2013.
8. "A Very Short History Of EMC Corporation". Forbes. September 6, 2016.
9. Patrick Moorhead (May 1, 2018). "Dell Technologies World 2018 Day 1: One Big Happy Family". Forbes. Dell EMC storage, Dell EMC PowerEdge servers, Dell EMC Data Protection, and optional Dell EMC open networking.
10. "No "C", EMC was founded by Egan and Marino only". February 28, 2013. Retrieved October 28, 2020.
11. Lyons, Daniel (November 26, 2001). "What's Eating EMC?". Forbes. Retrieved July 1, 2009.
12. Lyons, Daniel (November 26, 2001). "Crony Capitalism". Forbes. Retrieved October 23, 2009.
13. Gregory Huang (July 8, 2014). "For EMC, Three Acquisitions Lead to Three Big Products". Xconomy. Retrieved July 11, 2014.
14. "EMC Reports 43% Growth in Storage Revenue, First $2 Billion Quarter". EMC Company Website (Press release). July 19, 2000. Archived from the original on September 5, 2008.
15. "EMC to be new sponsor of London Wasps". August 20, 2009.
16. "Michael Ruettgers Bio". Forbes. Archived from the original on October 2, 2013. Retrieved September 26, 2013.
17. ^ "High-Tech Veteran Michael Ruettgers Joins Gigamon's Board of Directors". Press Release. Gigamon. Archived from the original on October 2, 2013. Retrieved September 26, 2013.
18. "Why EMC Employees Are Forming a 'Pop-Up' Union to Take Down Noncompetes".
19. "With EMC change, will Bay State be free to compete with Silicon Valley?".
20. PCMag Staff (April 12, 2021). "The Biggest Tech Mergers and Acquisitions of All Time". PCMag. Retrieved April 28, 2022.
21. "Dell to Buy EMC for $67 Billion". The Wall Street Journal. Retrieved October 12, 2015.
22. "In Takeover of EMC, Dell Makes Ambitious Bet". The New York Times. October 12, 2015. Retrieved October 12, 2015.
23. "Dell agrees $67bn EMC takeover". BBC News. Retrieved October 12, 2015.
24. "Document". www.sec.gov.
25. "Historic Dell and EMC Merger Complete; Forms World's Largest Privately-Controlled Tech Company" (Press release). Business Wire. September 7, 2016.
26. Chris Mellor (October 15, 2015). "Dell-EMC merger could leave Lenovo out in the cold – analysts". TheRegister (UK).
27. Kawamoto, Dawn (August 9, 1999). "EMC buys Data General for $1.1 billion". CNET.
28. Kovar, Joseph F. (November 2, 2000). "EMC Acquires NAS OS Vendor CrosStor". CRN. Archived from the original on September 24, 2015. Retrieved September 27, 2013.
29. "5 years ago: EMC bags Softworks for $192m". Website article. ZDNet. Retrieved September 27, 2013.
30. Wilcox, Joe (August 16, 2000). "EMC snags storage software maker". CNET. Retrieved September 27, 2013.
31. "EMC Acquires Belgium Software Company". Enterprise Storage Forum. April 12, 2001. Retrieved September 27, 2013.
32. Boulton, Clint (November 2, 2004). "EMC Quietly Tucks In Allocity". Internet News. Retrieved September 27, 2013.
33. "EMC Acquires Luminate Software" (Press release). EMC. September 20, 2001. Retrieved December 4, 2023.
34. Boulton, Clint (September 25, 2002). "EMC Answers Sun, Snaps Up Prisa Networks". Internet News. Retrieved September 27, 2013.
35. Connor, Deni (July 8, 2003). "EMC Snatches up Legato". NetworkWorld.
36. DiCarlo, Lisa (October 12, 2004). "EMC Would Like this Dantz". Forbes.
37. "EMC scoops up software player". CNET. April 15, 2003.
38. Weiss, Todd R. (December 21, 2004). "EMC Acquires SMARTS in $260M deal". Computerworld.
39. Sayer, Peter (October 14, 2003). "EMC offers $1.7 billion in stock for Documentum". NetworkWorld.
40. Cowley, Stacy (March 16, 2004). "EMC division buys Xerox askOnce Unit". InfoWorld.
41. Schwartz, Karen (October 26, 2005). "EMC Acquires Acartus, Adds to its Archiving Strategy". eWeek.
42. Shankland, Stephen (October 20, 2005). "EMC Acquires Captiva for $275 million". CNET.
43. "EMC Completes Acquisition of VMware" (Press release). VMware. January 4, 2004.
44. Maitland, Jo (August 17, 2005). "EMC Acquires Rainfinity for File Migration". SearchStorage.
45. "EMC and Acxiom Ink Grid Computing Deal". Network Computing. January 6, 2006.
46. Kawamoto, Dawn (January 9, 2006). "EMC Acquires Internosis". CNET.
47. Connor, Deni (November 1, 2006). "EMC acquires data deduplication vendor Avamar". NetworkWorld.
48. Pariseau, Beth (April 8, 2008). "EMC acquires Iomega, creates consumer storage division". SearchStorage.
49. Gardner, W. David (July 9, 2009). "EMC Acquires Data Domain for $2.4 Billion". InformationWeek. Archived from the original on July 13, 2009.
50. "UK Register, Nov. 15, 1010". The Register. Retrieved October 7, 2014.
51. "EMC Acquires Bus-Tech" (Press release). EMC. November 10, 2010. Archived from the original on October 2, 2013. Retrieved September 27, 2013.
52. Kovar, Joseph F. (May 8, 2007). "EMC Adds Bare Metal Recovery by Acquiring Indigo Stone". CRN.
53. Schwartz, Jeffrey (May 9, 2006). "EMC Acquires Kashya, Supplier of CDP And Replication Software". CRN. Archived from the original on September 14, 2012.
54. Solheim, Shelley (June 7, 2006). "EMC acquires nLayers, outlines growth goals". Computerworld.
55. Connor, Deni (November 1, 2007). "EMC Acquires Voyence". NetworkWorld.
56. "EMC Acquires IT Service Management Software Provider Infra". InformationWeek. March 11, 2008.
57. Mottl, Judy (April 7, 2008). "EMC Buys Some Data Protection 'WysDM'". Enterprise Storage Forum.
58. Dubie, Denise (May 28, 2009). "EMC to Acquire ConfigureSoft". InfoWorld.
59. Gross, Grant (August 31, 2009). "EMC Acquires Cloud Support Vendor FastScale". PCWorld.
60. Kawamoto, Dawn (June 20, 2006). "EMC Acquires ProActivity". CNET.
61. Preimesberger, Chris (July 20, 2007). "EMC Acquires Dutch XML Company". eWeek.
62. Conroy, John (January 2, 2008). "EMC to Acquire Document Sciences Corp". CMS Wire.
63. Mearian, Lucas (September 1, 2009). "EMC to Acquire e-discovery vendor Kazeon". Computerworld.
64. Connor, Deni (June 20, 2006). "VMware Acquires Virtualization Company Akimbi". NetworkWorld.
65. Fonseca, Brian (May 11, 2006). "EMC buying spree snares Interlink". eWeek.
66. "Geniant LLC". Businessweek. July 9, 2007. Archived from the original on March 10, 2010.
67. Couture, Adam W.; Soejarto, Alex (September 5, 2007). "EMC Extends Consulting with Acquisition of BusinessEdge". Gartner Research. Archived from the original on October 16, 2007.
68. "EMC buys a presence in European Consulting". Information Age. April 10, 2008.
69. Crane, Mary (June 30, 2006). "EMC Buys RSA Security for $2.1B". Forbes.
70. "EMC Acquires Authentica". Network Computing. March 7, 2006.
71. McMillan, Robert (September 18, 2006). "EMC buys Network Intelligence". InfoWorld.
72. Ribeiro, John (February 7, 2007). "EMC to Acquire Indian Security Software Company". InfoWorld.
73. Kawamoto, Dawn (June 4, 2007). "EMC Acquires Security Company Verid". CNET.
74. Pariseau, Beth (August 9, 2007). "EMC Buys Tablus for Data Classification and Security". SearchStorage. Archived from the original on March 14, 2012.
75. Gardner, William (January 4, 2010). "EMC Acquires Archer Technologies". Network World.
76. Connor, Deni (September 24, 2007). "EMC Acquires Online Backup Provider Mozy". NetworkWorld.
77. Ricknäs, Mikael (February 22, 2008). "EMC buys Pi to round out cloud computing unit". InfoWorld.
78. Pariseau, Beth (January 5, 2008). "EMC Acquires open-source assets from Source Labs". SearchStorage.
79. Mearian, Lucas (July 6, 2010). "EMC to Acquire Data Warehouse Vendor GreenPlum". Computerworld.
80. Shelach, Shmulik (May 10, 2012). "EMC buys XtremIO for $430m". Globes. Retrieved May 10, 2012.
81. Kovar, Joseph F. (March 20, 2012). "EMC Isilon Acquires Likewise In Cross-Platform Storage Play". CRN. Retrieved September 27, 2013.
82. "EMC to Acquire ScaleIO" (Press release). EMC Corporation. July 11, 2013. Retrieved September 25, 2014.
83. King, Rachel (May 31, 2012). "EMC picks up IT management software provider Watch4Net". ZDNet. Retrieved September 27, 2013.
84. Mellor, Chris (July 7, 2014). "EMC acquires Natick cloud storage firm TwinStrata". BetaBoston. Retrieved July 8, 2014.
85. Alspach, Kyle (January 8, 2013). "EMC gobbles storage and robo-cloud maker iWave". The Register. Retrieved September 27, 2013.
86. ^ "EMC buys Syncplicity". Computer Weekly. May 22, 2012. Retrieved July 21, 2016.
87. ^ "EMC is spinning off a company, but it's not VMware". Fortune. July 7, 2015. Retrieved July 21, 2016.
88. "To Our Clients". Website. Trinity Technologies. Archived from the original on September 27, 2013. Retrieved September 27, 2013.
89. "EMC acquires Tiburon Technologies – mainframe migration company". Website. Cloud Conclave. October 11, 2012. Retrieved September 27, 2013.
90. Gonsalves, Antone (April 4, 2011). "EMC Buys Network Security Company NetWitness". Information Week. Retrieved January 25, 2013.
91. "RSA Acquires Malware Detection Firm Silicium Security". Security Week. September 19, 2012.
92. Savitz, Eric (October 30, 2012). "EMC To Buy Silver Tail Systems". Forbes. Retrieved January 3, 2013.
93. "EMC Completes Acquisition of Virtustream" (Press release). EMC. Archived from the original on July 11, 2015. Retrieved July 9, 2015.
94. Feldman, Batya (October 2, 2011). "EMC to acquire database optimization co Zettapoint for $10m". Globes. Retrieved September 27, 2013.
95. "EMC Acquires Pivotal Labs" (Press release). EMC. March 20, 2012.
96. Mellor, Chris (December 3, 2012). "EMC mixes database upstart into its Greenplum pudding". The Register. Retrieved September 27, 2013.
97. "The Human Face of Big Data". Website. The Human Face of Big Data. Retrieved September 27, 2013.
98. Simon, Phil (April 16, 2013). "The Human Face of Big Data: An Interview with Rick Smolan". Blog. Huffington Post. Retrieved September 27, 2013.

External links

• • Historical business data for EMC Corporation:
  • SEC filings

v t e Dell EMC
Founders	Richard Egan Roger Marino
Corporate Directors	Joseph M. Tucci Paul Sagan
Divisions	VMware inc. Defunct or Acquired: LenovoEMC VCE Data Domain nLayers
Products	Servers Unity VMAX VPLEX Atmos XtremIO Isilon PowerVault Vblock and VxBlock Discontinued: Celerra Clariion VNX Symmetrix Data Domain Greenplum Isilon Mozy NetWorker RecoverPoint ScaleIO ViPR VMware vSphere ESXi Fusion Player ThinApp View Infrastructure

• Dell EMC
• 1979 establishments in Massachusetts
• 2016 mergers and acquisitions
• American companies established in 1979
• Companies based in Middlesex County, Massachusetts
• Hopkinton, Massachusetts
• Companies based in Round Rock, Texas
• Companies formerly listed on the New York Stock Exchange
• Computer companies established in 1979
• Computer companies of the United States
• Computer hardware companies
• Computer storage companies
• Customer communications management
• Software companies based in Massachusetts
• Software companies based in Texas
• Software companies established in 1979
• Software companies of the United States
• Storage Area Network companies