EMC jettisons $76m into web 2.0 storage cloud
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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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Announces raft of new products Comment EMC has announced several new products targeted at mid-market enterprises seeking to more effectively consolidate, backup, archive, and protect their information.â¦
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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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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).
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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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(InfoWorld) - EMC Corp. will spend US$175 million to acquire security information provider Network Intelligence Corp. The privately held Westwood, Massachusetts, company sells appliances that probe computer networks, providing security and compliance analysis. EMC's latest acquisition, expected to close late Monday, underscores the growing importance of security technology to the storage vendor. Also on Monday, EMC announced that it had completed its $2.1 billion purchase of RSA Security, which will form the basis of a new RSA-branded security division within the company. Former RSA CEO Art Coviello will head up this division, which will absorb the Network Intelligence business unit, EMC said in a statement. Founded in 1996, Network Intelligence has more than 125 employees, according to the company's Web site. With these latest acquisitions, EMC hopes to be able to sell security as part of a broader product portfolio, said Joe Tucci, EMC's chairman, president and chief executive officer. "It's becoming critical that security move beyond a point product solution," he said. Analysts say security companies will find it increasingly difficult to go it alone, with technology giants such as Microsoft Corp., Cisco Systems Inc. and IBM Corp. moving quickly to add security features to their broader product platforms. Just last month, IBM said it would spend $1.3 billion to acquire managed security vendor Internet Security Systems (ISS).ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
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EMC&#39;s Asian operations are back on track after sluggish growth during early 2006, and the company aims to take Asian market share away from rivals and push into new market segments.&quot;We went from worst to first,&quot; said Steve Leonard, president of Asia-Pacific and Japan, explaining that Asia went from being EMC&#39;s slowest-growing region in 2006 to its fastest in 2007.EMC&#39;s Asia-Pacific revenue grew 24 percent during 2007, hitting $1.46 billion. By comparison, revenue from Asia grew by just 6 percent during 2006, which was lower than previous years and far slower than EMC&#39;s growth in other regions during that period.Gartner and IDC pegged Asian storage revenue growth at around 23 percent during the third quarter, the most recent period for which figures are available.&quot;We see EMC very well placed as a storage vendor in Asia,&quot; said Avneesh Saxena, group vice president of systems, storage, and software research at IDC Asia-Pacific, citing EMC&#39;s improved channel relationships and &quot;software-driven approach&quot; to developing storage products. &quot;They aren&#39;t just selling boxes,&quot; he said.Even so, taking storage market share away from rivals won&#39;t necessarily be easy for EMC, Saxena said, noting IBM and Hewlett-Packard are firmly entrenched in key Asian markets.EMC&#39;s turnaround&#160;is largely a credit to Leonard, who was hired in 2006 and given the job of transforming its Asian operations.Getting the company back on track in Asia involved a variety of steps, including shaking up the company&#39;s sales teams and building stronger ties with channel partners. EMC also embarked on an aggressive expansion in India and China to spur growth in these markets and tap into the vast pools of engineering talent there.&quot;We effectively had zero software-engineering capabilities resident in China during the summer of 2006. I was just up in Beijing and we are going to hire our 1,000th engineer this quarter,&quot; Leonard said.Looking ahead, EMC is counting on new products that tap user demand for information storage, content-management capabilities, and security to spur further revenue growth in Asia. In a break with EMC&#39;s traditional sales focus on large corporations and organizations, the company also plans to expand into new markets, offering storage products and services for small business and even consumers.At the top end of the market, EMC hopes to generate more sales with a line of flash memory-based drives, announced last month, designed to replace some disk drives in the company&#39;s Symmetrix storage arrays.&quot;EMC is in a very high innovation cycle right now. It&#39;s been bringing more things out to the market than at any moment in its history,&quot; Leonard said.While the woes of early 2006 are now history for EMC, the company still faces challenges in Asia. In particular, Japan remains a difficult market.EMC is working to improve its Japanese operations, but it will take time for these efforts to yield the desired results, Leonard said, calling the company&#39;s transformation there a &quot;work in progress.&quot;&quot;We&#39;ve had dozens and dozens of meetings with executives from leading Japanese companies, essentially to say, &#39;We&#39;re committed to being a better local company, we&#39;re asking for your support,&quot; he said.As part of these efforts, EMC turned to sport to help raise its profile in Japan. The Massachusetts-based company is sponsoring the Boston Red Sox baseball team&#39;s upcoming March visit to Japan and will use the occasion to woo prospective customers and partners. Baseball is very popular in Japan and Red Sox pitcher Daisuke Matsuzaka is a celebrity in his home country, where he played professionally for several years.&#160;
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(InfoWorld) - There was a time when EMC was considered a rather staid tech company in a boring, if profitable market: storage. No longer. With regulations bearing down on enterprises, EMC is now a major player in areas such as security and content management. That change was evident last week, as EMC wrapped up its massive, $2.1 billion acquisition of RSA and announced that it was buying yet another security company: Network Intelligence, for $175 million. Network Intelligence produces enVision, a data management product that aggregates information such as log files, applications, hosts, and network devices. The company and its products will be added to EMCâs new security division, which will be located at RSAâs campus in Bedford, Mass. RSAâs identity management, access management, and data encryption products will be the heart of EMCâs âinformation-centric security strategy,â CEO Joe Tucci said in a statement. Network Intelligenceâs wares will allow EMC to offer customers compliance and security policy management tools as part of that strategy. EMC also showed some progress in integrating past acquisitions. Infoscape, unveiled on Monday, is a data storage management product that ties together technology from EMCâs purchase of Documentum and Legato in 2003, as well as Smarts in 2005. The product works with EMCâs Celerra storage environment and DART OS and allows customers to organize unstructured documents such as spreadsheets, presentations, and word processing files.ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
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The popularity of Web 2.0 applications is prompting top storage vendors to reassess their tools and services.
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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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RSA Security Inc., a provider of security software and hardware for networks, on Friday said its shareholders approved the company's $2.1 billion acquisition by data storage provider EMC Corp.
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On the day data storage giant EMC Corp. completed its purchase of data security company RSA Security Inc. of Bedford, it also purchased another local security company, Network Intelligence Corp. of Westwood, for $175 million.
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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 puts the boot in Network Appliance is buying the privately-owned storage service management vendor Onaro for an undisclosed sum. Israeli tech pub The Marker reports NetApp is putting $120m on the table, but chief marketing officer Jay Kidd declined to confirm the figure.â¦
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Hewlett-Packard Co.  and  Sun Microsystems Inc.  were among the fastest-growing  data storage providers in the second quarter, while EMC Corp.   and Dell Inc.  lagged overall market growth,  researcher IDC said on Thursday.
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Storage Expo Iomega punts a hard disk autoloader
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EMC announced its intentions to acquire publicly held Document Sciences for approximately $85 million in cash. Document Sciences provides enterprises with software for creating and delivering personalized, multichannel communications to customers, partners, and suppliers.