Subsidiary | |
Traded as | : EMC (1986–2016) |
Industry | Computer storage |
Founded | 1979 |
Founders | |
Headquarters | Hopkinton, Massachusetts, United States |
Area served
|
Worldwide |
Key people
|
David Goulden (President, Infrastructure Solutions Group, Dell EMC) |
Products | See EMC products |
Parent | Dell Technologies |
Website | dellemc |
Dell EMC (EMC Corporation until 2016) is an American multinational corporation headquartered in Hopkinton, Massachusetts, United States. Dell EMC sells data storage, information security, virtualization, analytics, cloud computing and other products and services that enable organizations to store, manage, protect, and analyze data. Dell EMC's target markets include large companies and small- and medium-sized businesses across various vertical markets. The stock was added to the on April 6, 1986, and was also listed on the S&P 500 index.
EMC had over 70,000 employees and was the world’s largest provider of data-storage systems by market share, competing against NetApp, IBM, Hewlett Packard Enterprise, and Hitachi Data Systems (arranged in descending order of external data-storage market share).Joseph M. Tucci had served as EMC's chief executive since January 2001 and chairman of the board of directors since January 2006; he joined the company in 2000 as president and chief operating officer. Tucci was also chairman of the board of VMware Corporation and chairman of the board of Pivotal Software, which are partially owned by EMC. On October 12, 2015, Dell Inc. announced that it would acquire EMC in a cash-and-stock deal valued at $67 billion—the largest-ever acquisition in the technology industry. The merger closed on September 7, 2016. EMC has been renamed to Dell EMC as a result of the merger.
EMC, founded in 1979 by Richard Egan and Roger Marino (the E and M in EMC), introduced its first 64-kilobyte memory boards for the Prime Computer in 1981 and continued with the development of memory boards for other computer types. In the mid-1980s the company expanded beyond memory to other computer data storage types and networked storage platforms. EMC began shipping its flagship product, the Symmetrix, in 1990. Symmetrix was the main reason for EMC's rapid growth in the 1990s, both in size and value, from a company valued in the hundreds of millions of dollars to a multi-billion company.