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EMC Corporation
File:EMC logo.png
Company typePublic (NYSE: EMC)
IndustryInformation storage (hardware and software)
Founded1979
HeadquartersHopkinton, Massachusetts, USA
Number of locations>100
Key peopleJoseph M. Tucci, Chairman & CEO
ProductsSymmetrix, CLARiiON, NetWorker, Avamar, Documentum, Captiva Software, Centera, Celerra, Connectrix, ControlCenter, VMware, Rainfinity, PowerPath, Retrospect, SRDF, RSA, RecoverPoint, DiskXtender, EmailXtender, EMC Autostart, EMC Smarts, Mozy
RevenueIncrease$13.2 billion USD (2007)
Number of employees42,100 (March 2009)
Websitewww.emc.com

EMC Corporation (NYSE: EMC) is a U.S. Fortune 500 and S&P 500 provider of information infrastructure systems, software and services. It is headquartered in Hopkinton, Massachusetts, USA. Its flagship product, the Symmetrix, is the foundation of storage networks in many large data centers.


History

EMC was founded in 1979 by Richard Egan and Roger Marino, first as an office-furniture maker. The firm soon changed into a manufacturer's sales and distribution representative and later a manufacturer of memory boards.

Shortly thereafter, the company expanded beyond memory to disk drives and networked storage platforms, and it remains the largest provider of data storage platforms in the world, competing in a market against IBM, NetApp, Hewlett-Packard, and Hitachi Data Systems. EMC has also introduced software and professional services that transition its business into comprehensive information management. Joseph Tucci became CEO in 2001.

In July 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.

On June 7, 2007, EMC announced that it would invest $160 million in Singapore to set up a new 15,000 square feet (1,400 m) development laboratory which would begin operations within the year.

A series of acquisitions and partnerships helped grow EMC to the largest provider of data storage platforms in the world. On November 12, 2007, EMC partnered with NetQoS to deliver the first integrated infrastructure discovery and performance monitoring solutions.

Products and services

EMC’s data storage products are built to store and protect information.

EMC’s enterprise content management software is used to capture and store documents in a secure and central location. Using this software, employees can share documents and work together.

RSA Security, the security division of EMC, develops products to secure enterprise data, secure employee and partner access, and manage security information.

AutoStart

AutoStart is a high availability solution that provides system level application failure protection to major data driven applications like SQL Server, Oracle Database, Microsoft Exchange Server, etc. The product is available on both Unix and Windows platforms.

The product was developed by Legato which was acquired by EMC in 2003.

Acquisitions

In 2002, EMC acquired Prisa Networks for its VisualSAN SAN management product. Initially a hardware company, EMC in 2003 switched its diversification to include software and services. Lead by new CEO Joe Tucci in 2001, by first acquiring Legato Systems, 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 2003 respectively. Continuing its acquisitions, 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-addressable storage platform addressed archiving-specific needs of ILM in rapidly changing technical environments.

On June 29, 2006, EMC announced that it was buying security software company RSA Security, Inc., adding Information Security to its lineup of storage products.

On July 12, 2007, EMC acquired X-Hive Corporation, a technology company based in Rotterdam, Netherlands that provides enterprise-class XML products in the aerospace and publishing industries. This acquisition is a strategic commitment of EMC to the next-generation of information management and XML. X-Hive, with its Java-based XML products and know-how, is expected to take a prominent position in EMC's software portfolio by having XML tools integrated to Documentum to round out EMC's own XML infrastructure offering, from an XML repository with indexing and search to component content management and XML applications in EMC's entire enterprise content management stack, enabling organizations of all sizes to transform the way they create value from their information. With the completion of acquisition, X-Hive Corporation will be fully integrated into the EMC Content Management and Archiving (CMA) business unit.

On April 8, 2008, EMC announced that it was buying Iomega Corporation, Inc., initially made famous by its line of Zip and Jaz external mass storage devices, but with the advent of flash drives and writeable CD-ROMs, saw its sales plummet. EMC is using the Iomega purchase to move into the Retail and SOHO space, an area where it traditionally had little penetration. Iomega's sales channels and brand recognition will be a tremendous asset to EMC. Iomega had already been packaging their eGo line of portable hard drives with EMC Retrospect backup software, a product EMC acquired through its purchase of Dantz Corporation in 2004.

Timeline of acquisitions

EMC Mergers and Acquisitions
1993

1994

  • Q1, 1994; Array Technology Corporation (Acquires certain assets of) (Form:10-Q Filing)
  • February 2, 1994: Copernique S.A. (Acquires major stake) (announcement)

1995

1999

2000

2001

2002

  • September 25, 2002: Prisa Networks

2003

2004

  • October 12, 2004: Dantz Development
  • November 2, 2004: Allocity
  • December 21, 2004: System Management Arts(SMARTS)

2005

  • August 16, 2005: The intellectual property of Maranti Networks
  • August 17, 2005: Rainfinity
  • October 20, 2005: Captiva Software

2006

2007

2008

2009

See also

References

  1. "What's Eating EMC?". Forbes. Retrieved 2009-07-01.
  2. "EMC to Open Software Development Center in China". EMC. Archived from the original on 2006-07-21. Retrieved 2008-03-26.
  3. "NetQoS and EMC Partner to Deliver First Integrated Infrastructure Discovery and Performance Monitoring Solution" (Press release). NetQoS. November 12, 2007. Retrieved 2008-03-26.
  4. Preimesberger, Chris (July 20, 2007). "EMC Acquires Dutch XML Company". eWeek. Retrieved 2008-09-09.
  5. van Rotterdam, Jeroen (July 12, 2007). "EMC Corporation acquires X-Hive Corporation" (Press release). X-Hive Corporation. Retrieved 2008-09-09.
  6. Halfacree, Gareth (April 10, 2008). "EMC buys Iomega for $213M". bit-tech.net. Retrieved 2008-09-09.
  7. Dignan, Larry (April 8, 2008). "EMC buys Iomega". Between the Lines. ZDNet Blogs. Retrieved 2008-09-09.

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