EMC Corporation (stylized as EMC²) was an American multinational corporation headquartered in Hopkinton, Massachusetts,[2] 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.[3][4]
The company's stock (as EMC Corporation) was added to the New York Stock Exchange on April 6, 1986,[5] and was also listed on the S&P 500 index. EMC acquired Iomega in 2008,[6] and a 2013 partnership with Lenovo resulted in the rebranding of Iomega as LenovoEMC.[7] 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."[8] Dell used the EMC name with some of its products under the Dell EMC brand until around 2020.[9][10]
History
EMC, founded in 1979 by Richard Egan and Roger Marino (the E and M of EMC),[11] introduced its first 64-kilobyte (65,536 bytes) memory boards for the Prime Computer in 1981.[12][13] 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.[14]
While some of EMC's growth is credited to acquisitions of smaller companies,[15] 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.[16]
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.[7]
Major acquisitions
The following table includes the listing and timeline of EMC Corporation's major acquisitions of other companies since 1996.
Big data projects
In 2012, EMC sponsored The Human Face of Big Data,[102] 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".[103]
See also
- Connectrix
External links
References
- Investor Relations: Frequently Asked Questions - EMC.com EMC Corporation, retrieved 6 September 2016^
- About EMC Corporation Emc.com, retrieved 2015-10-15^
- EMC Corporation Company Information Hoover's, 2012, retrieved February 1, 2013^