EMC Corporation

EMC Corporation (stylized as EMC²) was an American multinational corporation headquartered in Hopkinton, Massachusetts,<ref name="About">Template:Cite web</ref> 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.<ref>Template:Cite web</ref><ref name="ZDNet Jan 2011">Template:Cite news</ref>

The company's stock (as EMC Corporation) was added to the New York Stock Exchange on April 6, 1986,<ref>Template:Cite web</ref> and was also listed on the S&P 500 index. EMC acquired Iomega in 2008,<ref>Template:Cite news</ref> and a 2013 partnership with Lenovo resulted in the rebranding of Iomega as LenovoEMC.<ref name="IomegaLenovoEMC.DellNews2013">Template:Cite web</ref> 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."<ref name=Forbes>Template:Cite magazine</ref> Dell used the EMC name with some of its products under the Dell EMC brand until around 2020.<ref>Template:Cite web</ref><ref>Template:Cite web</ref>

History

Richard Egan, co-founder of EMC Corporation

EMC, founded in 1979 by Richard Egan and Roger Marino (the E and M of EMC),<ref>Template:Cite web</ref> introduced its first 64-kilobyte (65,536 bytes) memory boards for the Prime Computer in 1981.<ref>Template:Cite news</ref><ref>Template:Cite news</ref> 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.Template:Citation needed

While some of EMC's growth is credited to acquisitions of smaller companies,<ref name="xconomy">Template:Cite news</ref> Symmetrix was the main factor in EMC's rapid growth during the 1990s, from a firm valued in the hundreds of millions of dollars to a multi-billion dollar company.<ref>Template:Cite press release</ref>

In 2009 EMC signed a two-year deal to be the principal shirt sponsor for English Rugby Union club London Wasps<ref>Template:Cite web</ref> in a deal worth £1 Million. This was later extended until the end of the 2013 season.Template:Citation needed

Michael Ruettgers joined EMC in 1988 and was CEO from 1992 until January 2001.<ref name="Forbes Bio">Template:Cite news</ref> 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.<ref name="Gigamon Dec 2010">Template:Cite web</ref> Ruettgers was named one of BusinessWeekTemplate:’s "World's Top 25 Executives"; one of the "Best Chief Executive Officers in America" by Worth magazine; and one of Network WorldTemplate:’s "25 Most Powerful People in Networking".<ref name="Gigamon Dec 2010" />

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)<ref name="BOSTINNO">Template:Cite news</ref><ref name="Telegram">Template:Cite news</ref>

Acquisition by Dell

Logo of Dell EMC, brand formed after merger with 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.<ref>Template:Cite news</ref> The combination of Dell's enterprise server, personal computer, and mobile businesses with EMC's enterprise storage business was a significant vertical merger of IT giants. Dell offered $24.05 per share of EMC, and $9.05 per share of tracking stock in VMware.<ref name=wsj-emcdell>Template:Cite news</ref><ref name=nyt-emcdell>Template:Cite news</ref><ref name=bbc-dellemc>Template:Cite news</ref>

On September 7, 2016, Dell Inc. completed the merger, which involved the issuance of $45.9 billion in debt and $4.4 billion common stock.<ref>Template:Cite web</ref><ref>Template:Cite press release</ref> At the time, some analysts claimed that Dell's acquisition of the former Iomega could harm the LenovoEMC partnership.<ref name=IomegaPart.TheRegister>Template:Cite news</ref>

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.<ref name=IomegaLenovoEMC.DellNews2013/>

Product category	Products/Services
Information Storage	PowerStore, PowerFlex, PowerMax, Unity XT, PowerVault, PowerScale, Objectscale, XtremIO, Atmos, ECS
Archiving, Backup, and Recovery	Avamar, DataDomain, NetWorker, RecoverPoint, Centera, SourceOne
Storage and Content Management	Service Assurance Suite, Appsync, PowerPath, ViPR SRM, ViPR Controller
Virtualization	VMware, VPLEX
Services	Consulting, Customer support, Education Services, Managed Services, Technology Services and Solutions
Security/Compliance	RSA Security, Dell SecureWorks
Cloud computing/Converged Infrastructure	VxBlock, VxRack, VxRail, VSPEX, Virtustream
Servers	PowerEdge
Data Computing	Greenplum, Pivotal

Major acquisitions

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,<ref>Template:Cite web</ref> CrosStor<ref name="CRN CrosStor">Template:Cite news</ref>	Softworks,<ref name=Softworks>Template:Cite web</ref> Avalon<ref name="CNET Avalon">Template:Cite news</ref>
2001–2005	FilePool,<ref name=FirePool>Template:Cite news</ref> Allocity<ref name=Allocity>Template:Cite news</ref>	Luminate,<ref name=Luminate>Template:Cite press release</ref> Prisa Networks,<ref name=Prisa>Template:Cite news</ref> Legato Networker,<ref>Template:Cite web</ref> Dantz/Retrospect,<ref>Template:Cite web</ref> Smarts Astrum<ref>Template:Cite web</ref><ref>Template:Cite web</ref>	Documentum,<ref>Template:Cite web</ref> Ask Once,<ref>Template:Cite web</ref> Acartus,<ref>Template:Cite web</ref> Captiva Software<ref>Template:Cite web</ref>	VMware<ref>Template:Cite press release</ref> Rainfinity,<ref>Template:Cite web</ref> Acxiom<ref>Template:Cite web</ref>	Internosis<ref>Template:Cite web</ref>
2006–2010	Avamar,<ref>Template:Cite web</ref> Iomega,<ref>Template:Cite web</ref> Data Domain,<ref>Template:Cite web</ref> Isilon Systems<ref>Template:Cite web</ref> Bus-Tech,<ref name="EMC Bus-Tech release">Template:Cite press release</ref> Indigo Stone<ref>Template:Cite web</ref>	Kashya,<ref>Template:Cite web</ref> nLayers,<ref>Template:Cite web</ref> Voyence,<ref>Template:Cite web</ref> Infra Corporation,<ref>Template:Cite web</ref> WysDM,<ref>Template:Cite web</ref> Configuresoft,<ref>Template:Cite web</ref> Fastscale<ref>Template:Cite web</ref>	Pro Activity,<ref>Template:Cite web</ref> X-Hive,<ref>Template:Cite web</ref> Dokumentum, Document Sciences,<ref>Template:Cite web</ref> Kazeon<ref>Template:Cite web</ref>	Akimbi,<ref>Template:Cite web</ref> YottaYotta	Interlink,<ref>Template:Cite web</ref> Geniant,<ref>Template:Cite web</ref> Business Edge,<ref>Template:Cite web</ref> Conchango<ref>Template:Cite web</ref>	RSA Security,<ref>Template:Cite web</ref> Authentica,<ref>Template:Cite web</ref> Network Intelligence,<ref>Template:Cite web</ref> Valyd,<ref>Template:Cite web</ref> Verid,<ref>Template:Cite web</ref> Tablus,<ref>Template:Cite web</ref> Archer Technologies<ref>Template:Cite web</ref>	Mozy,<ref>Template:Cite web</ref> Pi,<ref>Template:Cite web</ref> Source Labs<ref>Template:Cite web</ref>	Greenplum<ref>Template:Cite web</ref>
2011–present	XtremIO,<ref>Template:Cite news</ref> Likewise<ref name="CRN March 2012">Template:Cite news</ref> ScaleIO<ref name="EMC to Acquire ScaleIO">Template:Cite press release</ref>	Watch4Net,<ref name="ZDNet Watch4Net">Template:Cite news</ref> iWave,<ref name="Register iWave">Template:Cite news</ref> TwinStrata<ref name="BetaBoston TwinStrata">Template:Cite news</ref>	Syncplicity<ref name="EMC buys Syncplicity">Template:Cite news</ref>(spun off in 2015)<ref name="EMC spins off Syncplicity">Template:Cite news</ref>	Syncplicity<ref name="EMC buys Syncplicity" />(spun off in 2015),<ref name="EMC spins off Syncplicity" /> Trinity Technologies<ref name=Trinity>Template:Cite web</ref>	Asankya	Tiburon Technologies<ref name=Tiburon>Template:Cite web</ref> | Netwitness,<ref>Template:Cite magazine</ref> Silicium Security,<ref>Template:Cite web</ref> Silver Tail Systems<ref>Template:Cite magazine</ref> Aveksa	Virtustream<ref>Template:Cite press release</ref>	ZettaPoint,<ref name=Zettapoint>Template:Cite news</ref> Pivotal Labs,<ref>Template:Cite press release</ref> MoreVRP<ref name=MoreVRP>Template:Cite news</ref>

Big data projects

In 2012, EMC sponsored The Human Face of Big Data,<ref name="Face of Big Data">Template:Cite web</ref> 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".<ref name="HuffPo Big Data">Template:Cite news</ref>

See also

• Connectrix