|Headquarters||Hopkinton, Massachusetts, United States|
|Key people||Joseph M. Tucci
(Chairman, President and CEO)
|Products||See EMC products|
|Revenue||US$ 21.713 billion (2012)1|
|Operating income||US$ 3.961 billion (2012)1|
|Net income||US$ 2.732 billion (2012)1|
|Total assets||US$ 38.068 billion (2012)1|
|Total equity||US$ 22.357 billion (2012)1|
EMC Corporation (stylized as EMC²) is an American multinational corporation headquartered in Hopkinton, Massachusetts, United States.34 EMC offers data storage, information security, virtualization, analytics, cloud computing and other products and services that enable businesses to store, manage, protect, and analyze data. EMC's target markets include large companies and small- and medium-sized businesses across various vertical markets.56 The stock was added to the New York Stock Exchange on April 6, 1986,7 and is also listed on the S&P 500 index.
Joe Tucci has been EMC's chief executive since January 2001 and chairman of the board of directors since January 2006; he joined the company in 2000 as president and chief operating officer.10 Tucci is also chairman of the board of VMware Corporation10 and chairman of the board of GoPivotal, which are partially owned by EMC.11
In 2012 and 2013, EMC was included on a number of award lists, including the World's Most Admired Computer Companies,12 Top 100 Global Innovators,13 and Best Multinational Workplaces in Europe.1415 EMC also received a score of 100 on the Human Rights Campaign 2012 and 2013 Corporate Equality Index.16
EMC, founded in 1979 by Richard Egan and Roger Marino (the E and M in EMC),17 introduced its first 64-kilobyte memory boards for the Prime Computer in 19811819 and continued with the development of 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. Symmetrix was the main reason for EMC's rapid growth in the 1990s, both in size and value, from a company valued in the hundreds of millions of dollars to a multi-billion company.20
Michael Ruettgers joined EMC in 1988 and served as CEO from 1992 until January 2001.21 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.22 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."22
In 2001, Joe Tucci was named Chief Executive Officer of EMC.23 He has been credited with transforming EMC’s business model from a focus on high-end storage platforms to a portfolio of platforms, software, and services that enable organizations to deliver IT as a service through cloud computing.23 Under Tucci’s leadership, EMC grew to $21.7 billion in revenues in 2012.24
EMC announced its 450,000 square foot Center of Excellence (COE) in Durham, North Carolina in 2011.26 The COE houses a virtualized data center and includes 130,000 square feet of global research and development labs. The company also has COEs in India, China, Egypt, Israel, Ireland, and Russia, which perform engineering, research and development, customer, and translation services for EMC business units.26
In addition to those of the majority-owned VMware and Pivotal companies, EMC offers products and services designed to allow IT departments to move to a cloud computing model and to analyze Big Data.
|Information Storage||VMAX Family, VNX Family, Isilon, Atmos, Xtrem Family, VSPEX|
|Archiving, Backup, and Recovery||Avamar, DataDomain, NetWorker, Mozy, RecoverPoint, Centera, SourceOne|
|Storage and Content Management||Storage Resource Management Suite, Service Assurance Suite, ViPR|
|Enterprise content management||Documentum, Syncplicity, Captiva|
|Services||Consulting, Customer support, Education Services, Managed Services, Technology Services and Solutions|
|Data Computing||Greenplum, Pivotal|
The following table includes the listing and timeline of EMC Corporation's major acquisitions of other companies since 1996.
|Year||Storage||Storage & Management Software||Content Management||Virtualization||Services||Security/Compliance||Cloud Computing||Data Computing|
|1996–2000||Data General,28 CrosStor29||Softworks,30 Avalon31|
|2001–2005||FilePool,32 Allocity33||Luminate,34 Prisa Networks,35 Legato Networker,36 Dantz/Retrospect,37 Smarts Astrum3839||Documentum,40 Ask Once,41 Acartus,42 Captiva Software43||VMware44 Rainfinity,45 Acxiom46||Internosis47|
|2006–2010||Avamar,48 Iomega,49 Data Domain,50 Isilon Systems51 Bus-Tech,52 Indigo Stone53||Kashya,54 nLayers,55 Voyence,56 Infra Corporation,57 WysDM,58 Configuresoft,59 Fastscale60||Pro Activity,61 X-Hive,62 Dokumentum, Document Sciences,63 Kazeon64||Akimbi,65 YottaYotta||Interlink,66 Geniant,67 Business Edge,68 Conchango69||RSA Security,70 Authentica,71 Network Intelligence,72 Valyd,73 Verid,74 Tablus,75 Archer Technologies76||Mozy,77 Pi,78 Source Labs79||Greenplum80|
|2011–present||XtremIO,81 Likewise82||Watch4Net,83 iWave84||Syncplicity,85 Trinity Technologies86||Asankya||Tiburon Technologies87||Netwitness,88 Silicium Security,89 Silver Tail Systems90 Aveksa||ZettaPoint,91 Pivotal Labs,92 MoreVRP93|
In 2012, EMC sponsored The Human Face of Big Data,94 a globally crowd-sourced 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.”95
EMC sponsors The Digital Universe, a study by IDC “measuring and characterizing all the digital data created, replicated, and consumed worldwide in a single year.”96 The Digital Universe 2012 report anticipates that
“during the next eight years, the amount of digital data produced will exceed 40 zettabytes, which is the equivalent of 5,200 GB of data for every man, woman and child on Earth. To hit that figure, all data is expected to double every two years through 2020.”97
In 2012, EMC was ranked no. 2 on Fortune’s list of the World’s Most Admired Computer Companies for the second consecutive year.1298 EMC was included on the 2012 Thompson Reuters Top 100 Global Innovators list.13 In 2013, four EMC and RSA channel executives were named CRN’s 2013 Channel Chiefs for “trying to make sure their company’s partners succeed."99
EMC has ranked on several global best places to work lists. EMC was ranked the 19th Best Multinational Workplace in Europe by Great Places to Work in 2012.15 EMC was included on Crain’s 2012 Best Places to Work in New York City,100 Boston Globe’s 2012 Top Places to Work,101 and Washington’s Best Workplaces 2012.102 EMC has also been recognized for diversity and inclusion as one of Careers & the disABLED Magazine’s 2013 Top 50 employers103 and received a score of 100 on the Human Rights Campaign 2013 Corporate Equality Index 16
EMC supports a variety of corporate responsibility initiatives around the world, and in 2012 EMC ranked 47th on Corporate Responsibility Magazine's 100 Best Corporate Citizens List.104 EMC was named the 43rd Greenest Company Globally on Newsweek’s Green Rankings 2012.105 EMC sponsors programs in the United States that strive to improve education for Science, Technology, Engineering, and Mathematics (STEM).106 More than 80,000 students have taken EMC Information Storage and Management courses since the program launched in 2006.107
EMC’s Academic Alliance program, a collaboration with colleges and universities worldwide, offers curriculum-based education on technology topics such as virtualization, cloud computing, big data analytics, and information storage and management.108 The global program is geared towards arming students with the knowledge necessary to differentiate themselves in the job market and improve their competitive advantage.109
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- NetworkWorld, July 8, 2003. : EMC Snatches up Legato
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- ComputerWorld, Dec. 21, 2004.: EMC Acquires SMARTS in $260M deal
- NetworkWorld, Oct. 14, 2003. : EMC offers $1.7 billion in stock for Documentum
- InfoWorld, March 16, 2004. : EMC division buys Xerox askOnce Unit
- eWeek,Oct. 26, 2005. : EMC Acquires Acartus, Adds to its Archiving Strategy
- CNET, Oct. 20, 2005. : EMC Acquires Captiva for $275 million
- VMware, Jan. 4, 2004. : EMC Completes Acquisition of VMware
- SearchStorage.com, Aug. 17, 2005. : EMC Acquires Rainfinity for File Migration
- Network Computing, Jan. 6, 2006. : Information-management EMC and Acxiom Ink Grid Computing Deal
- CNET, Jan. 9, 2006. : EMC Acquires Internosis
- NetworkWorld, Nov. 1, 2006. : EMC Acquires Data DeDuplication Vendor Avamar
- SearchStorage.com, April 8, 2008. : EMC Acquires Iomega
- InformationWeek, July 9, 2009. : EMC Acquires Data Domain for $2.4B
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- CRN, May 8, 2007. : EMC Adds Bare Metal Recovery by Acquiring Indigo Stone
- CRN, May 9, 2006. : EMC Acquires Kashya
- NetworkWorld, June 7, 2006. : EMC Acquires nLayers
- NetworkWorld, Nov. 1, 2007. : EMC Acquires Voyence
- InformationWeek, March 11, 2008. : EMC Acquires IT Service Management Software Provider Infra
- EnterpriseStorageForum, April 7, 2008. : EMC Buys Some Data Protection ‘WysDM’
- InfoWorld, May 28, 2009. : EMC to Acquire ConfigureSoft
- PCWorld, Aug. 31, 2009. : EMC to Acquirs Cloud Support Vendor FastScale
- CNET, June 20, 2006. : EMC Acquires ProActivity
- eWeek, July 20, 2007. : EMC Acquires Dutch XML Company
- CMSWire, Jan. 2, 2008. : EMC to Acquire Document Sciences Corp
- ComputerWorld, Sept. 1, 2009.: EMC to Acquire e-discovery vendor Kazeon
- NetworkWorld, June 20, 2006. : VMware Acquires Virtualization Company Akimbi
- eWeek, May 11, 2006. : EMC buying spree snares Interlink
- Businessweek, July 9, 2007. :Geniant LLC
- Gartner Research, Sept. 5, 2007. : EMC Extends Consulting with Acquisition of BusinessEdge
- Information Age, April 10, 2008. : EMC buys a presence in European Consulting
- Forbes, June 30, 2006. : EMC Buys RSA Security for $2.1B
- Network Computing, March 7, 2006. : EMC Acquires Authentica
- InfoWorld, Sept. 18, 2006. : EMC buys Network Intelligence
- InfoWorld, Feb. 7, 2007. : EMC to Acquire Indian Security Software Company
- CNET, June 4, 2007. : EMC Acquires Security Company Verid
- SearchStorage.com, Aug. 9, 2007. : EMC Buys Tablus for Data Classification and Security
- InformationWeek, Jan. 4, 2010. : EMC Acquires Archer Technologies
- NetworkWorld, Sept. 24, 2007. : EMC Acquires Online Backup Provider Mozy
- NetworkWorld, Feb. 22, 2008. : EMC Buys Pi
- SearchStorage.com, Jan. 5, 2008. : EMC Acquires open-source assets from Source Labs
- ComputerWorld, July 6, 2010.: EMC to Acquire Data Warehouse Vendor GreenPlum
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- Business data
- EMC Corporation at Google Finance
- EMC Corporation at Yahoo! Finance
- EMC Corporation at Hoover's
- EMC Corporation at Reuters
- EMC Corporation SEC filings at the Securities and Exchange Commission