EMC CORPORATION

'EMC Corporation' () 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.

Contents

History

Acquisitions

Timeline of Acquisitions

See also

Trivia

External links

History

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 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 now works at XIV), 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, Network Appliance, 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 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.
On June 7, 2007, EMC announced that it would invest $160 million in Singapore to set up a new 15,000 sq. foot 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.

Acquisitions

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 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. 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.

Timeline of Acquisitions

'EMC Mergers and Acquisitions'

★ August 31, 1993: Epoch Systems Inc. (Data backup software) (announcement)

★ August 31, 1993: Magna Computer Corporation (Form:10-Q Filing)

★ Q1, 1994; Array Technology Corporation (Acquires certain assets of) (Form:10-Q Filing)

★ February 2, 1994: Copernique S.A. (Acquires major stake) (announcement)

★ October 26, 1995 McData Corporation (announcement)

★ August 9, 1999: Data General (included the CLARiiON product line) (announcement)

★ December 21, 1999: Softworks (announcement)

★ November 1, 2000: CrosStor (announcement)

★ April 12, 2001: FilePool (became Centera) (announcement)

★ February 8, 2001: Spinoff McData Corporation (announcement) (SEC Filing)

★ September 25, 2002: Prisa Networks

★ 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

★ October 12, 2004: Dantz Development

★ November 2, 2004: Allocity

★ December 21, 2004: System Management Arts(SMARTS)

★ 16 August, 2005: The intellectual property of Maranti Networks

★ 17 August, 2005: Rainfinity

★ October 20, 2005: Captiva Software

★ 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 (announcement)

★ September 18, 2006: Network Intelligence (announcement)

★ September 18, 2006: Infoscape (announcement)

★ November 1, 2006: Avamar (announcement)

★ February 6, 2007: Valyd (announcement)

★ June 4, 2007: Verid (announcement)

★ August 9, 2007: Tablus (announcement)

See also

★ Dell/EMC

Trivia

★ "EMC Corporation" is the company's full name, shortened in the company logo by using the mathematical convention of squaring the C.

External links

★ 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