EMC buys change-management vendor Voyence
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EMC has acquired Voyence to help IT administrators keep track of both the changes made in their network and security devices and the problems that come up -- which, in some cases, are related.
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Broadcom Corp., one of networking's biggest chip makers, is buying a vendor of production-ready software for network gear.
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Money is like manure. You have to spread it around or it smells EMC has grown bored of sitting on a fat pile of VMware IPO cash and reportedly dropped $76m for web-based automated backup outfit Mozy.â¦
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EMC announced it will buy Network Intelligence, which produces security event management hardware and software.
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EMC today is set to unveil its first software-as-a-service offerings based on technology gained from its recent acquisition of Berkeley Data Systems.
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EMC joined an end-of-year software acquisition spree Tuesday when it agreed to acquire network management software maker Smarts Inc.
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Showing just how hot the virtualization market has become, Intel has taken a minority stake in VMware, now owned by enterprise storage company EMC. Intel is investing $218.5 million for 2.5 percent of all outstanding VMware common stock, and will gain control of one board seat.
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Data storage company EMC Corp. of Hopkinton acquired Dantz Development Corp. of Walnut Creek, Calif., the latest move by EMC to strengthen its presence in small and midsize markets.
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(InfoWorld) - Three years after being bought by EMC, VMware is going public.Â EMC announced plans Wednesday to offer 10 percent of its virtualization software subsidiary in an initial public offering (IPO). The offering will "unlock more of VMware's value for EMC shareholders," and help the company "retain and attract the software industry's top talent," EMC Chairman, President, and CEO Joe Tucci said in a statement. "We think now is the point where the planets are aligned and this makes sense," Tucci said on a conference call with financial analysts. WhenÂ EMC acquired VMwareÂ in 2004, it had 300 employees; today it has 3,000, he said. "The growth rate of this company has been phenomenal." EMC plans to file a registration statement with the U.S. Securities and Exchange Commission in late March or early April for the planned IPO, and the shares could be available for sale some time in the second quarter, said David Goulden, executive vice president and chief financial officer of EMC. The shares to be put on the market will be new shares, not ones already owned by EMC, Goulden said. The proceeds will "provide VMware with the financial resources it needs to achieve its full growth potential and provide EMC with the potential to return a portion of the original investment in VMware to EMC shareholders, while enabling them to continue to enjoy the vast majority ownership in this strategic and fast-growing business," Goulden said. Virtualization, which allows a server to better run multiple applications simultaneously, has helped businesses reduce the number of servers they need, reduce their energy consumption and assist in data center disaster recovery efforts, said Diane Greene, who founded VMware in 1998. She is president of VMware and executive vice president of EMC. "The IPO is a powerful way for us to accelerate our vision of a pervasive, industry standard virtual infrastructure. We see an incredible opportunity ahead of us," Greene said. More than 10 percent of new x86 server workloads are running on VMware virtualization software, and VMware is used by more than 20,000 customers, Greene said. Analysts have recently speculated on whether EMC would spin off VMware, said Gordon Haff, principal IT advisor with research firm Illuminata Inc. "EMC wants to get some of the money while VMware is clearly a hot property," he said. "On the other hand, they clearly want to retain a very large chunk of VMware." EMC's stock (EMC) has been stuck in the $10 to $15 range for the last three years. The IPO was announced after the New York Stock Exchange closed for the day. In after-hours trading, EMC shares rose $0.91 to $14.55. Tucci's comments about unlocking VMware's value "might be less politely phrased as 'hopefully getting the shareholders off my butt,'" Haff said. VMware is an early leader in one of the IT industry's hottest market segments. The company's revenue was up 83 percent in 2006, totalling $709 million, EMC said. The IPO should generate capital for VMware to invest in innovation, said Allan Krans, an analyst with Technology Business Research. Although VMware is the industry leader in server virtualization software, MicrosoftÂ is expected to introduce an update of its Microsoft Virtual Server in the fourth quarter of 2007, which could increase competitive pressure on VMware.
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EMC Corp. on Monday announced the availability of its new Documentum Enterprise Content Integration (ECI) Services, enabling end-users to expand the discovery and management of content from internal and external data sources.
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Symmetrix, Celerra, Centera, and Clariion lines get summer makeover As previously anticipated, EMC is rolling out a major storage initiative, upgrading almost every storage platform the company offers. Today's announcement covers the Symmetrix, Celerra, Centera, and Clariion lines, as well as a new entry-level file management application.â¦
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InfoWorld - EMC has made its biggest push to date into the fast growing small and midsize business market with the acquisition of Dantz Development, a suppler of backup and recovery software.
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EMC said it has purchased backup software vendor Dantz Development Corp. for less than $50 million in a deal that it hopes will put it in a better position to sell data backup technology in the small-to-medium-size-business market.
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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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(InfoWorld) - Looking to extend its RSA division's authentication product line, EMC has purchased identity verification services vendor Verid. EMC had been selling Verid's services as part of its Adaptive Authentication suite since September of last year, but with the acquisition the company can now offer better integration with the RSA product line, said Marc Gaffan, director of product marketing at RSA. And that will help businesses that use RSA technology, he said. "We can make the acquisition of new customers more seamless and more rapid," he said. Verid's service is what is known as a "knowledge-based authentication" product. It can search public records for difficult-to-answer questions that can be used to establish the identity of a user. "When they want to vet your identity, they'll ask you, for example, what was the make of your first car? Where did you live between 1990 and 1993," Gaffan said. EMC will continue to sell Verid's services as stand-alone products, but in about a year, they will also be integrated into the RSA eFraudNetwork information-sharing community, he added. Founded in 1999, Verid has a staff of about 40 and is headquartered in Fort Lauderdale, Florida. Terms of the acquisition, which was finalized on June 1, were not disclosed.
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It's pretty clear which one is wearing the trousers EMC and Fujitsu Siemens Computers (FSC) have expanded and extended their 10 year old strategic alliance. The two will work together on advanced data centre architectures, while FSC will also provide services for the EMC midrange storage that it sells in Europe.â¦
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EMC Corp.   on Tuesday said it has agreed to acquire Smarts Inc., a privately held maker of event automation and real-time network systems management software, for about &#36;260 million in cash.