Key Developments: EMC Corp (EMC.N)

EMC.N on New York Stock Exchange

17 Apr 2014
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Latest Key Developments (Source: Significant Developments)

Emc Corp And Alpine Data Labs To Deliver Joint Solution For High Performance In Database Predictive Analytics
Thursday, 6 Sep 2012 09:00am EDT 

Emc Corp announced that EMC and Alpine Data Labs, have expanded their relationship with a formal reseller agreement to combine Alpine's easy-to-use web-based predictive analytics application with the power, scalability, and reliability of EMC Greenplum. The combined offering is the first in-database solution for Big Data predictive analytics. By pairing the advanced analytical processing capabilities of Greenplum with Alpine's intuitive, application that is designed for cross-functional teams, organizations will get their complete analytics infrastructure in a box, easing deployment and accelerating time to value while enabling deeper insights on their Big Data. Backed by the Greenplum Data Science team and Alpine Data Labs, the expanded relationship underscores the companies' joint commitment to moving beyond traditional business intelligence, delivering in-database analytics and allowing customers to unlock the full potential of their data. Together, EMC and Alpine Data Labs have helped customers identify business trends and build predictive models in areas as diverse as healthcare, banking, telecom and publishing.  Full Article

Lenovo Group Ltd. And EMC Corporation Team Up In Strategic Worldwide Partnership
Tuesday, 31 Jul 2012 09:30pm EDT 

Lenovo Group Ltd. and EMC Corporation announced a broad partnership that enhances Lenovo's position in industry standard servers and networked storage solutions, while significantly expanding EMC's reach in China and other key, high-growth markets. The partnership is a strong strategic fit, leveraging the two companies' respective strengths, across three main areas: First, Lenovo and EMC have formed a server technology development program that will accelerate and extend Lenovo's capabilities in the x86 industry-standard server segment. These servers will be brought to market by Lenovo and embedded into selected EMC storage systems over time. Second, the companies have forged an OEM and reseller relationship in which Lenovo will provide EMC's networked storage solutions to its customers, initially in China and expanding into other global markets in step with the ongoing development of its server business. Finally, EMC and Lenovo plan to bring certain assets and resources from EMC's Iomega business into a new joint venture which will provide Network Attached Storage (NAS) systems to small/medium businesses (SMB) and distributed enterprise sites. In the joint venture, Lenovo will contribute cash, while EMC will contribute certain assets and resources of Iomega. Upon closing, Lenovo will hold a majority interest in the new joint venture. The joint venture is subject to customary closing procedures including regulatory approvals and is expected to close by the end of 2012.  Full Article

Emc Corp Announces New Executive Appointments
Tuesday, 17 Jul 2012 04:05pm EDT 

Emc Corp announced that David Goulden, Executive Vice President and CFO, has been appointed President and COO of EMC Corporation, reporting to Tucci.  Full Article

EMC Corporation Enables State of Michigan's Transformation To IT-As-a-Service
Tuesday, 10 Jul 2012 09:00am EDT 

Emc Corp announced that the State of Michigan's IT organization is using EMC storage, software and professional services to further transform how IT services are delivered to agencies and residents. The State of Michigan has always been responsive to individual agency requests - but a new IT-as-a-Service (ITaaS) model will enable even better partnership with agencies to identify their needs and provide service catalogs with defined rate structures that make it easier for agencies to "shop" for services. As a result, EMC is helping the State of Michigan provide even greater responsiveness to the fast-changing needs of its agencies and citizens, improving the quality of online services for Michigan residents and dramatically reducing IT capital and operational expenditures. The State standardized on EMC technologies including EMC VMAX storage that is configured with Fully Automated Storage Tiering for Virtual Pools (FAST VP) and data-at-rest encryption (DARE). The State uses EMC RecoverPointâ„¢ remote data protection solution for disaster recovery, as well as EMC Data Domain for backup and recovery. The virtualization environment includes VMware virtualization and cloud infrastructure solutions including vSphere server virtualization with vCenter Site Recovery Manager and vCloud Director, as well as Citrix XenApp. EMC Global Services was engaged to help implement the virtualized infrastructure and educate internal customers on the value of VCOE services.  Full Article

Lone Star College System Transforms IT With Emc Corp To Drive Classroom Innovation And Improve Quality Of Education
Thursday, 14 Jun 2012 09:00am EDT 

Emc Corp announced that Lone Star College System, growing community college system in Texas, has transformed its IT infrastructure with EMC VMAX 10K storage and EMC Avamar, EMC NetWorker and EMC RecoverPoint. The college system also uses VMware virtualization and cloud infrastructure technologies for its 97% virtualized infrastructure. As part of its transformation, Lone Star has realigned its IT organization and processes to better support the college system's strategic objectives by providing faster, more reliable access to classroom technologies.  Full Article

Emc Corp Acquires Watch4net Solutions Inc
Thursday, 31 May 2012 09:01am EDT 

Emc Corp announced that it has acquired Montreal-based Watch4net, a privately-held provider of enterprise and carrier-class performance management software that provides real-time, historical and projected visibility into network, data center and cloud infrastructure performance. Financial terms were not mentioned.  Full Article

EMC Corp Acquires Syncplicity, Inc.
Monday, 21 May 2012 08:00pm EDT 

EMC Corp announced that it has acquired privately held Syncplicity, Inc. Based in Menlo Park, California, Syncplicity provides native cloud-based sync and share capabilities required by enterprise customers. Terms of the transaction were not released.  Full Article

Emc Corp Announces Acquisition Of XtremIO
Thursday, 10 May 2012 09:00am EDT 

Emc Corp announced that it has acquired privately held XtremIO. Flash storage architecture company, based in Herzliya, Israel. The transaction will be in all cash. XtremIO's all-Flash, scale-out, enterprise storage architecture was designed to leverage the speed and new abilities of Flash memory. Financial terms of the transaction were not disclosed.  Full Article

Emc Corp To Meet Or Exceed FY 2012 Guidance-Conference Call
Thursday, 3 May 2012 10:00am EDT 

Emc Corp announced that for fiscal 2012, it is confidence in ability to meet and potentially exceed goals of $22 billion in revenue, non-GAAP EPS of $1.70. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $22.23 billion and EPS of $1.74 for fiscal 2012.  Full Article


U.S. courts dismiss two suits against shareholder activist Chevedden

BOSTON - Shareholder activist John Chevedden has won favorable rulings in separate federal suits brought by Omnicom Group Inc and EMC Corp, breaking a pattern of legal setbacks for the private investor.

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