EMC was a US computer storage company, now called Dell EMC after its $67bn merger with Dell Inc.
EMC was considered a market leader in IT storage, boasting over 70,000 employees and regarded as the world’s largest provider of data-storage systems by market share.
Competing against NetApp, IBM, HPE and HItachi Data Systems, EMC provided data storage, information security, virtualisation, analytics and cloud computing to organisations wanting to store, manage, protect and analyse data.
In what was the biggest-ever acquisition in the technology industry, Dell completed its acquisition of EMC in 2016. As a result of the merger, the company was renamed Dell EMC.
What does EMC stand for?
EMC was founded by Richard Egan and Roger Marino in 1979. The two founders were college roommates who sold office furniture in order to raise the money to build the company. The ‘E’ of EMC comes from Egan, while the ‘M’ comes from Marino. The ‘C’ is attributed to Connolly and Curley, two individuals who dropped out of the venture early-on.
One of EMC’s early flagship products was Symmetrix, an enterprise storage array. Shipped in the 1990s and 2000s, Symmetrix was one of the main reasons behind the company’s rapid growth, with EMC going from a company valued in the hundreds of millions to a multi-billion dollar company.