In an industry where executives like to name their products Thunder, Lightning and Shark, competition has always been treacherous. But predators may be particularly keen on circling EMC--the largest independent provider of storage systems and a company once thought to be immune to recession.
Software and storage company EMC announced on Tuesday it will purchase Iomega for US$213 million, or US$3.85 per share, giving EMC a foot into the consumer storage market.
EMC said Wednesday in the US it plans to sell 10 percent of VMware stock this winter in an initial public offering (IPO), but added it has no plans to spin off the virtualisation company.
Joe Tucci, chairman, president and chief executive officer of storage and security giant EMC, has postponed a planned visit to Australia at the last minute due to "unforseen circumstances"
Data storage specialist EMC has agreed to acquire digital security company RSA Security for slightly less than US$2.1 billion.
More than a week has passed since EMC boss Joe Tucci answered some of my questions on virtualisation, and I'm still pondering them.
Dell is hoping to bring enterprise storage technology to the small business market by reselling EMC's new storage area network product, which is priced at less than US$10,000.
Hewlett-Packard buried the hatchet on a long-standing patent dispute with EMC early this month, agreeing to pay $325 million to settle the case.
EMC's planned acquisition of Documentum represents an infrastructure-level strategy that could be the beginning of a much larger trend, with potential impact on how enterprises seek to address content, archiving, and storage as a completely synergistic, single-vendor solution.
EMC CEO Joe Tucci sees big changes in the technology behind storage -- and that's forcing big changes at his company.
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