Dell EMC

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For the locomotive manufacturer formerly known as EMC, see Electro-Motive Diesel.

Dell EMC

Type Subsidiary

Traded as NYSE: EMC (19862016)[1]

Industry Computer storage

Founded 1979; 38 years ago

Richard Egan
Founders
Roger Marino

Headquarters Hopkinton, Massachusetts, United States

Area served Worldwide

Key people David Goulden

(President, Infrastructure Solutions Group, Dell

EMC)

Products See EMC products

Parent Dell Technologies

Website dellemc.com
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Dell EMC (EMC Corporation until 2016) is an American multinational

corporation headquartered in Hopkinton, Massachusetts, United States.[2][3] Dell EMC sells data
storage, information security, virtualization, analytics, cloud computing and other products and
services that enable organizations to store, manage, protect, and analyze data. Dell EMC's
 target markets include large companies and small- and medium-sized businesses across
various vertical markets.[4][5] The stock was added to the New York Stock Exchange on April 6,
1986,[6] and was also listed on the S&P 500 index.
EMC had over 70,000 employees and was the worlds largest provider of data-storage systems
by market share, competing against NetApp, IBM, Hewlett Packard Enterprise, and Hitachi
Data Systems (arranged in descending order of external data-storage market share).[7] Joseph
M. Tucci had served as 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.[8] Tucci was also chairman of the board of VMware Corporation[8] and
chairman of the board of Pivotal Software, which are partially owned by EMC.[9] On October 12,
2015, Dell Inc. announced that it would acquire EMC in a cash-and-stock deal valued at $67
billionthe largest-ever acquisition in the technology industry.[10][11][12] The merger closed on
September 7, 2016. EMC has been renamed to Dell EMC as a result of the merger.[13]The full
form of former name EMC2 is Egan,Marino,Connolly & Curley.

Contents
[hide]

1History
o 1.1Acquisition by Dell
2Products and services
3Major acquisitions
4Big data projects
5Recognition and awards
6Corporate responsibility and sustainability
7Collaboration with colleges and universities
8Collaboration with NSA
9References
10External links

History[edit]

Richard Egan, co-founder of EMC Corporation

EMC, founded in 1979 by Richard Egan and Roger Marino (the E and M in EMC),[14] introduced
its first 64-kilobyte memory boards for the Prime Computer in 1981[15][16] 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.[17]
Michael Ruettgers joined EMC in 1988 and served as CEO from 1992 until January
2001.[18] 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.[19] 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".[19]
In 2001, Joe Tucci was named chief executive officer of EMC.[20] 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.[20] Under Tucci's leadership, EMC grew to $21.7 billion in revenues in 2012.[21]
In 2009, EMC and Cisco, with investments from VMware and Intel, formed a joint venture
called VCE to develop products and services for the converged infrastructure and cloud
computing markets.[22]
EMC announced its 450,000 square foot Center of Excellence (COE) in Durham, North
Carolina in 2011.[23] 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, Russia and Draper, Utah, USA which perform engineering, research and
development, customer, and translation services for EMC business units.[23]
In 2013, EMC launched a new company named Pivotal.[24] Led by Paul Maritz, the organization
combines technologies from VMware and EMC and is focused on delivering Platform-as-a-
Service products.[24]
EMC has been growing in part through aggressively making acquisitions of small companies,
and starting to bring those products to market.[25]
Acquisition by Dell[edit]

EMC Corporation logo prior to merger

On October 12, 2015, Dell Inc. announced its intent to acquire EMC in a cash-and-stock deal
valued at $67 billion, which has been considered the largest-ever acquisition in the technology
sector. Dell CEO Michael Dell explained that the purchase was meant to "evolve the company
into the most relevant areas where IT is moving", combining Dell's enterprise server, personal
computer, and mobile businesses with EMC's enterprise storage business. The deal is
structured so that Dell will pay $24.05 per share of EMC, and $9.05 per share of tracking
stock in VMware.[26][27][28]