EMC Corporation
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| EMC Corporation | |
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| Type | Public (NYSE: EMC) |
| Founded | 1979 |
| Headquarters | Hopkinton, Massachusetts, USA |
| No. of locations | >100 |
| Key people | Joseph M. Tucci, Chairman & CEO |
| Industry | Information storage (hardware and software) |
| Products | Symmetrix, CLARiiON, NetWorker, Avamar, Documentum, Captiva Software, Centera, Celerra, Connectrix, ControlCenter, VMware, Rainfinity, PowerPath, Retrospect, SRDF, RecoverPoint, DiskXtender, EmailXtender, EMC Autostart, EMC Smarts |
| Revenue | ▲$11.16 billion USD (2006) |
| Employees | 31,000 |
| Website | www.emc.com |
EMC Corporation (NYSE: EMC) is an American Fortune 500 and S&P 500 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 by EMC when they acquired Data General.
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[edit] History
EMC began in 1979. The founders were Richard (Dick) Egan and Roger Marino, both Northeastern University graduates, 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 left before the formation of the company and the second C stands for the Corporation). Originally a manufacturer of memory boards, EMC expanded beyond memory to disk drives. With work from Moshe Yanai (who is now an IBM Fellow at the IBM Corporation), EMC 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 IBM, NetApp, Hewlett-Packard, and Hitachi Data Systems. The company has been transitioning from a purely hardware driven company to a 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 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.[1]
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 m²) 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.[2]
[edit] Acquisitions
In 2002, EMC acquired Prisa Networks for its VisualSAN SAN management 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 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 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-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.
On July 12, 2007, EMC acquired X-Hive Corporation, a leading XML technology company based in Rotterdam, Netherlands that has built a solid reputation for providing 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.[1] -- 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.[2]
[edit] Timeline of acquisitions
EMC Mergers and Acquisitions
1993
- August 31, 1993: Epoch Systems Inc. (Data backup software) (announcement)
- August 31, 1993: Magna Computer Corporation (Form:10-Q Filing)
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
- October 26, 1995 McData Corporation (announcement)
1999
- August 9, 1999: Data General (included the CLARiiON product line) (announcement)
- December 21, 1999: Softworks (announcement)
2000
- November 1, 2000: CrosStor (announcement)
2001
- April 12, 2001: FilePool (became Centera) (announcement)
- February 8, 2001: Spinoff McData Corporation (announcement) (SEC Filing)
2002
- September 25, 2002: Prisa Networks
2003
- April 15, 2003: Astrum
- July 14, 2003: Legato Systems (maker of EMC Legato Networker backup software)
- October 14, 2003: Documentum (announcement)
- December 15, 2003: VMware
2004
- October 12, 2004: Dantz Development
- November 2, 2004: Allocity
- December 21, 2004: System Management Arts(SMARTS)
2005
- 16 August 2005: The intellectual property of Maranti Networks
- 17 August 2005: Rainfinity
- October 20, 2005: Captiva Software
2006
- January 6, 2006: Acxiom Grid Computing Platform (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 (announcement)
- June 29, 2006: RSA Security (RSA announcement)
- September 1, 2006: Neartek (Neartek announcement)
- September 18, 2006: Network Intelligence (announcement)
- September 18, 2006: Infoscape (announcement)
- November 1, 2006: Avamar (announcement)
2007
- February 6, 2007: Valyd (announcement)
- June 4, 2007: Verid (announcement)
- July 10, 2007: Geniant
- July 12, 2007: X-Hive Corporation (EMC announcement, X-Hive announcement)
- August 9, 2007: Tablus (announcement)
- August 30, 2007: BusinessEdge Solutions
- October 1, 2007: Berkeley Data Systems (announcement)
- October 30, 2007: Voyence (announcement)
- December 27, 2007: Document Sciences Corporation (announcement -- Pending Completion Q1 2008)
2008
- February 21, 2008: Pi Corporation (announcement -- Pending Completion 2008)
- March 10, 2008: Infra Corporation (announcement -- Pending Completion 2008)
- April 1, 2008: Conchango ([http://business.timesonline.co.uk/tol/business/markets/article3663837.ece
] -- Pending Completion 2008)
- April 8, 2008: Iomega (announcement -- Pending Completion 2008)
[edit] See also
[edit] References
- ^ EMC to Open Software Development Center in China. EMC. Archived from the original on 2006-07-21. Retrieved on 2008-03-26.
- ^ NetQoS (November 12, 2007). "NetQoS and EMC Partner to Deliver First Integrated Infrastructure Discovery and Performance Monitoring Solution". Press release. Retrieved on 2008-03-26.
[edit] External links
- EMC Corporation Website
- EMC Product Website
- EMC Partner Application Portfolio
- Doogle - popular free meta-search engine of EMC Documentum related contents
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