EMC buys doc mgt firm for all-in-one completeness
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It's rich, it's sophisticated EMC is buying a document management software firm for $85m.â¦
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After having had its $2.1bn takeover of RSA Security Inc formally approved by the security vendor's shareholders, EMC Corp is rumored to be in the market for Network Intelligence Corp, a supplier of so-called security event management appliances.
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EMC Corp. of Hopkinton is selling a $218.5 million stake in its VMware Inc. software subsidiary to chip maker Intel Corp. The move comes as EMC prepares to raise up to $949 million by selling about 10 percent of VMware to the public.
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EMC announced plans Wednesday to offer 10% of its virtualization software subsidiary in an initial public offering.
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EMC's security division RSA will acquire Indian security software company Valyd for an undisclosed sum.
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EMC Corp., computer storage maker, will buy Smarts Inc., known for its InCharge real-time network systems management software, for $260 million.
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International Business Machines Corp. on Thursday agreed to buy MRO Software Inc. for $740 million, giving IBM a niche provider of software and services to help customers including nuclear power plants and oil companies make the most efficient use of industrial assets.
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DECEMBER 21, 2004  - In a move aimed at bolstering its product line, storage vendor EMC Corp. is buying SMARTS Inc.
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(InfoWorld) - Network storage vendor EMC on Monday introduced a new data storage management product that is the fruit of three software acquisitions the company has made in recent years. EMC will launch its Infoscape intelligent information management software at an EMC user conference this week in Anaheim, California. Infoscape is designed to organize the thousands of unstructured computer files in an enterprise computer system, such as Word documents, PowerPoint Presentations, or spreadsheets. The software organizes files by their content, their importance or whether there are regulations requiring they be saved, said Rob Emsley, senior director of software product marketing, for EMC. Building such an organizational structure makes it easier to retrieve documents when they are needed. "This technology can provide a lot more information about the files in your infrastructure," said Emsley. The company also Monday launched EMC Information Management Strategy Service, a consulting service to help enterprises design, build and run an information management system. The new offerings were developed with technology EMC acquired from the acquisition of three document management software companies:Â Legato SystemsÂ andÂ Documentum, both in 2003, andÂ Smarts, in early 2005. The acquisitions are part of EMC's strategy to diversify from being primarily a storage hardware vendor. Software sales accounted for 37 percent of EMC's revenue in 2005, up from just 17 percent four or five years ago, Emsley said. With Infoscape, EMC is "taking a small but very important step," said Arun Taneja an analyst with Taneja Group. It's important because a major storage vendor is offering what he calls "information classification management software," but small because Infoscape initially can only run in an EMC Celerra storage environment. Although Infoscape is initially "closely integrated" with the Celerra DART (data access in real time) operating system, it will also work within EMC's Clariion and Symmetrix server families in the second half of 2007, said EMC spokesman Todd Cadley. Infoscape, he explained, manages the information not the storage, operating at the file system level. Therefore, it will work in heterogenous storage environments. Other major hardware makers such as IBM and Hewlett-Packard are evaluating similar solutions to the file management problem facing enterprises, said Taneja, and there are a handful of startups also developing solutions. It's possible that some of the larger companies could follow EMC's strategy and acquire some of the smaller software developers to create their own file management software products. The base Infoscape software module is $125,000 and capacity licensing starts at $9,000 per terabyte, EMC said.
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EMC Corp. aims to make it easier for businesses to search unstructured information from multiple sources in multiple languages with a new software tool it released Monday.
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Follows our advice EMC will set its VMware subsidiary somewhat free via an IPO (initial public offering).â¦
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The enterprise software company strikes a sizeable deal to get back on track.
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RSA fully on board too EMC today finished off one security acquisition and then made another one.â¦
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EMC Corp , the No. 1 maker of corporate data storage equipment, reported quarterly profit that beat Wall Street forecasts and boosted a stock buyback on Thursday.
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EMC Corp. of Hopkinton plans to turn virtual software into real cash. The company will sell 10 percent of its California software subsidiary VMware Inc. in an initial public offering this year. VMware dominates the field of virtualization software -- programs that let a single computer do the work of several machines.
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NEW YORK - EMC will announce today that it has closed on the acquisition of Dantz Development, a privately held company that it hopes will give it a toehold in the $600 million spent by small to mid-size companies on data backup and recovery software.
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Western Digital buys rival Komag for $1 billion in latest industry consolidation.