Stock Symbol: EMC
176 South Street
EMC Corporation Industry:
Computer Storage Devices
EMC Corporation Description:
EMC Corporation is the world leader in information storage systems, software, networks and services, providing the information infrastructure for a connected world.
EMC Corporation Financial Summary:
For the nine months ended 30 September 2005, EMC Corporations' revenues for the period increased 18% to $6.95B. Net income for the period increased 79% to $984.9M. Revenues reflect an increase in the Company's systems sales, software licenses and maintenance revenues. Earnings also reflect an increase in gross profit margins and a decrease in restructuring and other special charges.
EMC Corporation Business Summary:
EMC Corporation (EMC) offers a range of systems, software, services and solutions that are designed to help organizations get more value from their information and get the most out of their information technology (IT) assets. EMC helps individuals and organizations store, share, manage, protect and apply information to collaborate, solve problems, save money, exploit new opportunities and enhance operational results. The Company's principal segments comprise EMC information storage products, EMC Software Group products and services, EMC information storage and management services, and VMware software products and services. In January 2004, the Company acquired VMware, Inc., a virtual computing software company. In February 2005, the Company acquired Systems Management Arts Incorporated (Smarts).