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EMC


EMC is an information management company with offerings that go beyond hardware storage to include software and consulting services.

Founded in 1979, the storage stalwart is based in Hopkinton, Massachusetts, the United States. EMC has presence in more than 60 countries and employs approximately 38,000 people globally, of which about 40 percent are based outside the United States.

In April, EMC announced plans to acquire consumer storage devices maker Iomega for US$213 million, a move that would be vital to the company's strategy to tap the consumer and small business market.

At the same time, EMC unveiled plans to boost its presence in the Asia-Pacific region. The storage vendor is eyeing the small office/ home office (Soho) and consumer market segments, particularly in Asia, and has established dedicated businesses units across it offices in the region.

It completed its acquisition of server software maker VMware, in January 2004, for a final purchase price of US$625 million in cash.

This company is listed in Systems, Data storage management, Software infrastructure, Security.



Financials
Fiscal year-end December FY08 FY07 FY06 FY05 FY04
Global revenue (US$millions) 13,230.2 11,155.1 9,664.0 8,229.5
Global full-year net income (US$millions) 1,665.7 1,227.6 1,133.2 871.2
Average year-on-year revenue growth over 4 years 17.15%
Average year-on-year net income growth over 4 years 24.70%
Percentage of revenue from Asia (including Japan/Korea) 12%

Operations
Founded 1979 USA
First Asian office 1987 Hong Kong
Global employees 38,000
Global employees in Asia 5,000
Asian economies: Total 9 China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, Taiwan, Thailand

* Data correct as of October 2008. Information was compiled by ZDNet Asia from sources such as official reports, corporate Web sites and financial news sites. ZDNet Asia strived to get the latest information but does not guarantee the correctness or completeness of the data. The information provided on this site is for general informational purposes only and is not an offer to buy or sell any securities.

ZDNet Asia Top Tech categories
Systems  |   Networking and communications  |   Storage management  |   Security  |   Software infrastructure  |  
Services  |   Business applications  |   Internet services  |  

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