as emc see electro motive diesel . dell emc type subsidiary traded as nyse emc 1986 2016 1 industry computer storage founded 1979 ; 37 years ago 1979 founders richard egan roger marino 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.com dell emc formerly emc corporation is an american multinational corporation headquartered in hopkinton massachusetts united states . 2 3 dell emc sells data storage information security virtualization analytics cloud computing and other products and services that enable businesses 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 . 4 5 the stock was added to the new york stock exchange on april 6 1986 6 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 . 7 joseph m. tucci had been 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 . 8 tucci was also chairman of the board of vmware corporation 8 and chairman of the board of pivotal software which are partially owned by emc . 9 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 . 10 11 12 the merger closed on september 7 2016 . emc has been renamed to dell emc as a result of the merger . 13 contents 1 history 1.1 acquisition by dell 2 products and services 3 major acquisitions 4 big data projects 5 recognition and awards 6 corporate responsibility and sustainability 7 collaboration with colleges and universities 8 collaboration with nsa 9 references 10 external links history edit richard egan co founder of emc corporation emc founded in 1979 by richard egan and roger marino the e and m in emc 14 introduced its first 64 kilobyte memory boards for the prime computer in 1981 15 16 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 . 17 michael ruettgers joined emc in 1988 and served as ceo from 1992 until january 2001 . 18 under ruettgers leadership emc revenues grew from 120 million to nearly 9 billion 10 years later and the company shifted its focus from memory boards to storage systems . 19 ruettgers was named one of businessweek s world s top 25 executives ; one of the best chief executive officers in america by worth magazine ; and one of network world s 25 most powerful people in networking . 19 in 2001 joe tucci was named chief executive officer of emc . 20 he has been credited with transforming emc s business model from a focus on high end storage platforms to a portfolio of platforms software and services that enable organizations to deliver it as a service through cloud computing . 20 under tucci s leadership emc grew to 21.7 billion in revenues in 2012 . 21 in 2009 emc and cisco with investments from vmware and intel formed a joint venture called vce to develop products and services for the converged infrastructure and cloud computing markets . 22 emc announced its 450 000 square foot center of excellence coe in durham north carolina in 2011 . 23 the coe houses a virtualized data center and includes 130 000 square feet of global research and development labs . the company also has coes in india china egypt israel ireland russia and draper utah usa which perform engineering research and development customer and translation services for emc business units . 23 in 2013 emc launched a new company named pivotal . 24 led by paul maritz the organization combines technologies from vmware and emc and is focused on delivering platform as a service products . 24 emc has been growing in part through aggressively making acquisitions of small companies and starting to bring those products to market . 25 acquisition by dell edit emc corporation logo prior to merger on october 12 2015 dell inc. announced its intent to acquire emc in a cash and stock deal valued at 67 billion which has been considered the largest ever acquisition in the technology sector . dell ceo michael dell explained that the purchase was meant to evolve the company into the most relevant areas where it is moving combining dell s enterprise server personal computer and mobile businesses with emc s enterprise storage business . the deal is structured so that dell will pay 24.05 per share of emc and 9.05 per share of tracking stock in vmware . 26 27 28 products and services edit in addition to those of the majority owned vmware and pivotal companies emc sells products and services designed to allow it departments to move to a cloud computing model and to analyze big data . product category products services information storage vmax family 450 850 100 k 200k 400k vnx vnxe family isilon atmos xtrem family vspex scaleio dssd unity archiving backup and recovery avamar datadomain networker mozy spanning recoverpoint centera sourceone storage and content management storage resource management suite service assurance suite vipr enterprise content management documentum syncplicity captiva applicationxtender infoarchive leap virtualization vmware vplex virtustream services consulting customer support education services managed services technology services and solutions security compliance rsa security cloud computing converged infrastructure vce vspex ecs data computing greenplum pivotal major acquisitions edit the following table includes the listing and timeline of emc corporation s major acquisitions of other companies since 1996 . year storage storage & management software content management virtualization services security compliance cloud computing data computing 1996 2000 data general 29 crosstor 30 softworks 31 avalon 32 2001 2005 filepool 33 allocity 34 luminate 35 prisa networks 36 legato networker 37 dantz retrospect 38 smarts astrum 39 40 documentum 41 ask once 42 acartus 43 captiva software 44 vmware 45 rainfinity 46 acxiom 47 internosis 48 2006 2010 avamar 49 iomega 50 data domain 51 isilon systems 52 bus tech 53 indigo stone 54 kashya 55 nlayers 56 voyence 57 infra corporation 58 wysdm 59 configuresoft 60 fastscale 61 pro activity 62 x hive 63 dokumentum document sciences 64 kazeon 65 akimbi 66 yottayotta interlink 67 geniant 68 business edge 69 conchango 70 rsa security 71 authentica 72 network intelligence 73 valyd 74 verid 75 tablus 76 archer technologies 77 mozy 78 pi 79 source labs 80 greenplum 81 2011 present xtremio 82 likewise 83 scaleio 84 watch4net 85 iwave 86 twinstrata 87 syncplicity 88 spun off in 2015 89 syncplicity 88 spun off in 2015 89 trinity technologies 90 asankya netwitness 92 silicium security 93 silver tail systems 94 aveksa virtustream 95 zettapoint 96 pivotal labs 97 morevrp 98 big data projects edit in 2012 emc sponsored the human face of big data 99 a globally crowd sourced media project focusing on the ability to collect analyze triangulate and visualize vast amounts of data in real time . the human face of big data produced by rick smolan and jennifer erwitt includes a number of fascinating stories that represent some of the most innovative applications of data that are shaping our future . 100 emc sponsors the digital universe a study by idc measuring and characterizing all the digital data created replicated and consumed worldwide in a single year . 101 the digital universe 2012 report anticipates that during the next eight years the amount of digital data produced will exceed 40 zettabytes which is the equivalent of 5 200 gb of data for every man woman and child on earth . to hit that figure all data is expected to double every two years through 2020 . 102 recognition and awards edit in 2015 emc was ranked no. 2 on fortune s list of the world s most admired computer companies for the fifth consecutive year . 103 emc was included on the 2012 thompson reuters top 100 global innovators list . 104 in 2013 four emc and rsa channel executives were named crn s 2013 channel chiefs for trying to make sure their company s partners succeed . 105 emc has ranked on several global best places to work lists . emc was ranked the 19th best multinational workplace in europe by great places to work in 2012 . 106 emc was included on crain s 2012 best places to work in new york city 107 the boston globe s 2012 top places to work 108 and washington s best workplaces 2012 . 109 emc has also been recognized for diversity and inclusion as one of careers & the disabled magazine s 2013 top 50 employers 110 and received a score of 100 on the human rights campaign 2013 corporate equality index . 111 corporate responsibility and sustainability edit emc supports a variety of corporate responsibility initiatives around the world and in 2012 emc ranked 47th on corporate responsibility magazine s 100 best corporate citizens list . 112 emc was named the 43rd greenest company globally on newsweek s green rankings 2012 . 113 emc sponsors programs in the united states that strive to improve education for science technology engineering and mathematics stem . 114 more than 80 000 students have taken emc information storage and management courses since the program launched in 2006 . 115 collaboration with colleges and universities edit emc s academic alliance program a collaboration with colleges and universities worldwide sells curriculum based education on technology topics such as virtualization cloud computing big data analytics and information storage and management . 116 the global program is geared towards arming students with the knowledge necessary to differentiate themselves in the job market and improve their competitive advantage . 117 collaboration with nsa edit rsa security the security division of emc has received widespread criticism for accepting 10 million in a secret deal with nsa in 2004 to make dual ec drbg the default cryptographically secure pseudorandom number generator in its prominent bsafe cryptography library and for continuing to use it until 2013 . 118 dual ec drbg had been suspected since 2007 of containing a kleptographic backdoor designed by nsa . this was confirmed in a 2013 new york times article following the snowden leak . 119 the standard fips version of dual ec drbg which rsa security implemented was theoretically and empirically shown to be insecure in 2006 and 2007 even aside from the backdoor ; following discoveries by dan shumow and niels ferguson in 2007 prominent security expert bruce schneier published an article in wired magazine titled did nsa put a secret backdoor in new encryption standard . 120 though dual ec drbg was highly suspect after 2007 its usage in emc s bsafe was not widely known until the 2013 new york times article brought it back into the spotlight . at the 2014 rsa conference rsa security executive chairman art coviello defended rsa security s choice to keep using dual ec drbg until nist issued new guidance in 2013 . he claimed that nist only issued the guidance stop using the algorithm when it became possible that concerns raised in 2007 might have merit . 121 references edit investor relations