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Dell EMC (EMC Corporation until 2016) is an American multinational corporation headquartered in Hopkinton, Massachusetts, [2] and Round Rock, Texas, and is a subsidiary of Dell Technologies. Dell EMC sells data storage , information security , virtualization , analytics, cloud computing and other products and services that enable organizations ...
Data center management vendor United States — [16] 16 July 30, 2010: Ocarina Networks: Storage deduplication vendor United States — [17] 17 November 2, 2010: Boomi Cloud integration vendor United States — [18] [19] 18 December 13, 2010: Compellent: Storage systems manufacturer United States $ 960,000,000 [20] 19 January 4, 2011: SecureWorks
Iomega Corporation (later LenovoEMC) [3] [4] [5] was a company that produced external, portable, and networked data storage products. Established in the 1980s in Roy, Utah , United States, Iomega sold more than 410 million digital storage drives and disks, including the Zip drive floppy disk system. [ 6 ]
When Dell bought EMC in 2016 for $67 billion it was one of the biggest acquisitions in tech history, and it brought with it a boatload of debt. Since then Dell has been working on ways to mitigate ...
The following video is part of our "Motley Fool Conversations" series, in which senior technology analyst Eric Bleeker discusses topics across the investing world.In today's edition, Eric looks at ...
With the continued surge of Internet and smartphone usage across the globe, data storage is becoming increasingly complex. It's also a nice growth business. So, to stay ahead of the curve, EMC ...
EMC also converted US$400 million of debt into equity at that time. [11] [12] In March 2018, the company filed for an initial public offering, debuting on the NYSE on April 20, 2018. [13] [14] The trading price began at $15 a share, and closed with a 5% increase on its first day. [15] The company raised $555 million in the IPO. [16]
EMC owned around 80% of the stock of VMware. [15] The acquisition maintained VMware as a separate company, held via a new tracking stock, while the rest of EMC were rolled into Dell. [16] The acquisition required Dell to publish quarterly financial results, having ceased these on going private in 2013. [17]