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EMC Corporation

Computer storage business (1986–2016)

EMC Corporation

Computer storage business (1986–2016)

FieldValue
nameEMC Corporation
logoEMC Corporation logo.svg
typePublic
foundation
traded_as(1986–2016)
founders{{unbulleted list
defunct
fateAcquired by Dell Inc., forming Dell Technologies
location_cityHopkinton, Massachusetts
location_countryUnited States
area_servedWorldwide
industryInformation technology
revenue(2021)

| Richard Egan | Roger Marino}}

EMC Corporation (stylized as EMC²) was an American multinational corporation headquartered in Hopkinton, Massachusetts, which sold data storage, information security, virtualization, analytics, cloud computing and other products and services that enabled organizations to store, manage, protect, and analyze data. EMC's target markets included 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 merged with the computer systems manufacturer Dell Inc. in 2016 to form Dell Technologies. This merger 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."{{cite magazine |magazine=Forbes

History

Richard Egan, co-founder of EMC Corporation

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,{{cite news | access-date = 11 July 2014

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 was 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 BusinessWeeks "World's Top 25 Executives"; one of the "Best Chief Executive Officers in America" by Worth magazine; and one of Network Worlds "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

Dell Inc.

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.{{cite news | access-date = 2022-04-28

On September 7, 2016, Dell Inc. completed the merger to form Dell Technologies, which involved the issuance of $45.9 billion in debt and $4.4 billion common stock.{{cite press release Iomega could harm the LenovoEMC partnership.{{cite news |newspaper=TheRegister (UK)

Starting in 2018 and more prominently in 2019, Dell began transitioning from using "Dell EMC" to "Dell Technologies" as its brand name.

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.

Product categoryProducts/Services
Information StoragePowerStore, PowerFlex, PowerMax, Unity XT, PowerVault, PowerScale, Objectscale, XtremIO, Atmos, ECS
Archiving, Backup, and RecoveryAvamar, DataDomain, NetWorker, RecoverPoint, Centera, SourceOne
Storage and Content ManagementService Assurance Suite, Appsync, PowerPath, ViPR SRM, ViPR Controller
VirtualizationVMware, VPLEX
ServicesConsulting, Customer support, Education Services, Managed Services, Technology Services and Solutions
Security/ComplianceRSA Security, Dell SecureWorks
Cloud computing/Converged InfrastructureVxBlock, VxRack, VxRail, VSPEX, Virtustream
ServersPowerEdge
Data ComputingGreenplum, Pivotal

Major acquisitions

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

YearStorageStorage & management softwareContent managementVirtualizationServicesSecurity/complianceCloud computingData computing
1996–2000Data General, CrosStortitle=5 years ago: EMC bags Softworks for $192murl=https://www.zdnet.com/article/5-years-ago-emc-bags-softworks-for-192m/work=Website articlepublisher=ZDNetaccess-date=27 September 2013}} Avalon
2001–2005title=EMC Acquires Belgium Software Companyurl=http://www.enterprisestorageforum.com/technology/news/article.php/740431/EMC-Acquires-Belgium-Software-Company.htmaccess-date=27 September 2013newspaper=Enterprise Storage Forumdate=12 April 2001}} Allocitytitle=EMC Acquires Luminate Softwareurl=https://www.dell.com/en-us/dt/corporate/newsroom/announcements/2001/09/20010920-1069.htmpublisher=EMCdate=20 September 2001access-date=4 December 2023}} Prisa Networks, Legato Networker, Dantz/Retrospect, Smarts AstrumDocumentum, Ask Once, Acartus, Captiva Software{{cite webfirst=Stephenlast=Shanklanddate=October 20, 2005url=https://www.cnet.com/news/emc-acquires-captiva-for-275-million/title=EMC Acquires Captiva for $275 million}}VMware Rainfinity, AcxiomInternosis
2006–2010Avamar, Iomega, Data Domain, Isilon Systems Bus-Tech, Indigo StoneKashya, nLayers, Voyence, Infra Corporation, WysDM, Configuresoft, FastscalePro Activity, X-Hive, Dokumentum, Document Sciences, KazeonAkimbi, YottaYottaInterlink, Geniant, Business Edge, ConchangoRSA Security, Authentica, Network Intelligence, Valyd, Verid,{{cite webfirst=Dawnlast=Kawamotodate=June 4, 2007url=https://www.cnet.com/news/emc-acquires-security-company-verid/title=EMC Acquires Security Company Verid}} Tablus, Archer TechnologiesMozy, Pi, Source Labs
2011–presentXtremIO, Likewise ScaleIOlast=Kingfirst=Racheltitle=EMC picks up IT management software provider Watch4Neturl=https://www.zdnet.com/article/emc-picks-up-it-management-software-provider-watch4net/access-date=27 September 2013newspaper=ZDNetdate=31 May 2012}} iWave, TwinStratatitle=EMC buys Syncplicityurl=http://www.computerweekly.com/news/2240150633/EMC-acquires-Syncplicitypublisher=Computer Weeklydate=2012-05-22access-date=2016-07-21}}(spun off in 2015)title=To Our Clientsurl=http://www.trinitytechnologies.comwork=Websitepublisher=Trinity Technologiesaccess-date=27 September 2013archive-url=https://web.archive.org/web/20130927200843/http://www.trinitytechnologies.com/archive-date=September 27, 2013url-status=dead}}Asankyatitle=EMC acquires Tiburon Technologies – mainframe migration companyurl=http://cloudconclave.blogspot.com/2012/10/emc-acquires-tiburon-technologies.htmlwork=Websitedate=October 11, 2012publisher=Cloud Conclaveaccess-date=27 September 2013}}Netwitness,{{cite magazineurl=http://www.informationweek.com/security/vulnerabilities/emc-buys-network-security-company-netwit/229400831date=April 4, 2011access-date=January 25, 2013magazine=Information Weekfirst=Antonelast=Gonsalves}} Silicium Security, Silver Tail Systems AveksaVirtustream

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 ... [that] represent some of the most innovative applications of data that are shaping our future".

References

References

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  2. "About EMC Corporation". Emc.com.
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  4. Dignan, Larry. (17 January 2011). "EMC targets mid-market, plans to undercut NetApp". ZDNet.
  5. (May 3, 2000). "EMC Corporation Announces Two-for-One Stock Split". D&B AllBusiness.
  6. (2008-04-09). "Iomega Accepts Takeover Offer". [[The New York Times]].
  7. (January 3, 2013). "Lenovo and EMC Create LenovoEMC JV to Bring Network Attached Storage to SMBs and Distributed Enterprise Sites".
  8. Adshead, Antony. (March 5, 2025). "Dell still tops the pile as it deepens enterprise storage offer". Informa.
  9. (February 28, 2013). "No "C", EMC was founded by Egan and Marino only.".
  10. Lyons, Daniel. (November 26, 2001). "What's Eating EMC?". Forbes.
  11. Lyons, Daniel. (November 26, 2001). "Crony Capitalism". Forbes.
  12. (July 19, 2000). "EMC Reports 43% Growth in Storage Revenue, First $2 Billion Quarter".
  13. (August 20, 2009). "EMC to be new sponsor of London Wasps".
  14. "Michael Ruettgers Bio". Forbes.
  15. "High-Tech Veteran Michael Ruettgers Joins Gigamon's Board of Directors". Gigamon.
  16. "Why EMC Employees Are Forming a 'Pop-Up' Union to Take Down Noncompetes".
  17. "With EMC change, will Bay State be free to compete with Silicon Valley?".
  18. "Dell to Buy EMC for $67 Billion". The Wall Street Journal.
  19. (October 12, 2015). "In Takeover of EMC, Dell Makes Ambitious Bet". The New York Times.
  20. "Dell agrees $67bn EMC takeover". BBC News.
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  24. Samira, Sarraf. (2019-06-20). "Branding shift sees EMC take back seat to Dell Technologies".
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  26. Kovar, Joseph F.. (2 November 2000). "EMC Acquires NAS OS Vendor CrosStor". CRN.
  27. "5 years ago: EMC bags Softworks for $192m". ZDNet.
  28. Wilcox, Joe. (16 August 2000). "EMC snags storage software maker". CNET.
  29. (12 April 2001). "EMC Acquires Belgium Software Company". Enterprise Storage Forum.
  30. Boulton, Clint. (2 November 2004). "EMC Quietly Tucks In Allocity". Internet News.
  31. (20 September 2001). "EMC Acquires Luminate Software". EMC.
  32. Boulton, Clint. (25 September 2002). "EMC Answers Sun, Snaps Up Prisa Networks". Internet News.
  33. Connor, Deni. (July 8, 2003). "EMC Snatches up Legato".
  34. DiCarlo, Lisa. (October 12, 2004). "EMC Would Like this Dantz".
  35. (April 15, 2003). "EMC scoops up software player".
  36. Weiss, Todd R.. (December 21, 2004). "EMC Acquires SMARTS in $260M deal".
  37. Sayer, Peter. (October 14, 2003). "EMC offers $1.7 billion in stock for Documentum".
  38. Cowley, Stacy. (March 16, 2004). "EMC division buys Xerox askOnce Unit".
  39. Schwartz, Karen. (October 26, 2005). "EMC Acquires Acartus, Adds to its Archiving Strategy".
  40. (January 4, 2004). "EMC Completes Acquisition of VMware". [[VMware]].
  41. Maitland, Jo. (August 17, 2005). "EMC Acquires Rainfinity for File Migration".
  42. (January 6, 2006). "EMC and Acxiom Ink Grid Computing Deal".
  43. Kawamoto, Dawn. (January 9, 2006). "EMC Acquires Internosis".
  44. Connor, Deni. (November 1, 2006). "EMC acquires data deduplication vendor Avamar".
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  50. Schwartz, Jeffrey. (May 9, 2006). "EMC Acquires Kashya, Supplier of CDP And Replication Software".
  51. Solheim, Shelley. (June 7, 2006). "EMC acquires nLayers, outlines growth goals".
  52. Connor, Deni. (November 1, 2007). "EMC Acquires Voyence".
  53. (March 11, 2008). "EMC Acquires IT Service Management Software Provider Infra".
  54. Mottl, Judy. (April 7, 2008). "EMC Buys Some Data Protection 'WysDM'".
  55. Dubie, Denise. (May 28, 2009). "EMC to Acquire ConfigureSoft".
  56. Gross, Grant. (August 31, 2009). "EMC Acquires Cloud Support Vendor FastScale".
  57. Kawamoto, Dawn. (June 20, 2006). "EMC Acquires ProActivity".
  58. Preimesberger, Chris. (July 20, 2007). "EMC Acquires Dutch XML Company".
  59. Conroy, John. (January 2, 2008). "EMC to Acquire Document Sciences Corp".
  60. Mearian, Lucas. (September 1, 2009). "EMC to Acquire e-discovery vendor Kazeon".
  61. Connor, Deni. (June 20, 2006). "VMware Acquires Virtualization Company Akimbi".
  62. Fonseca, Brian. (May 11, 2006). "EMC buying spree snares Interlink".
  63. (July 9, 2007). "Geniant LLC".
  64. (September 5, 2007). "EMC Extends Consulting with Acquisition of BusinessEdge".
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  66. Crane, Mary. (June 30, 2006). "EMC Buys RSA Security for $2.1B".
  67. (March 7, 2006). "EMC Acquires Authentica".
  68. McMillan, Robert. (September 18, 2006). "EMC buys Network Intelligence".
  69. Ribeiro, John. (February 7, 2007). "EMC to Acquire Indian Security Software Company".
  70. Pariseau, Beth. (August 9, 2007). "EMC Buys Tablus for Data Classification and Security".
  71. Gardner, William. (January 4, 2010). "EMC Acquires Archer Technologies".
  72. Connor, Deni. (September 24, 2007). "EMC Acquires Online Backup Provider Mozy".
  73. Ricknäs, Mikael. (February 22, 2008). "EMC buys Pi to round out cloud computing unit".
  74. Pariseau, Beth. (January 5, 2008). "EMC Acquires open-source assets from Source Labs".
  75. Mearian, Lucas. (July 6, 2010). "EMC to Acquire Data Warehouse Vendor GreenPlum".
  76. Shelach, Shmulik. (10 May 2012). "EMC buys XtremIO for $430m". [[Globes (newspaper).
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  78. (2013-07-11). "EMC to Acquire ScaleIO". EMC Corporation.
  79. King, Rachel. (31 May 2012). "EMC picks up IT management software provider Watch4Net". ZDNet.
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  83. (2015-07-07). "EMC is spinning off a company, but it's not VMware". Fortune.
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  86. (September 19, 2012). "RSA Acquires Malware Detection Firm Silicium Security". Security Week.
  87. Savitz, Eric. (30 October 2012). "EMC To Buy Silver Tail Systems".
  88. "EMC Completes Acquisition of Virtustream". EMC.
  89. Feldman, Batya. (2 October 2011). "EMC to acquire database optimization co Zettapoint for $10m". Globes.
  90. (March 20, 2012). "EMC Acquires Pivotal Labs". EMC.
  91. Mellor, Chris. (3 December 2012). "EMC mixes database upstart into its Greenplum pudding". The Register.
  92. "The Human Face of Big Data". The Human Face of Big Data.
  93. Simon, Phil. (16 April 2013). "The Human Face of Big Data: An Interview with Rick Smolan". Huffington Post.
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