| EMC Preparing Ground For Shift Towards Virtualisation |
| Thursday, 11 May 2006 by Michel Roth | ||||
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Describing EMC as a more rounded ‘information infrastructure’ company at its annual conference last month, chairman and CEO Joe Tucci said that EMC is determined to acquire companies he believes will complement the firm’s shifting technology roadmap and allow it to accelerate its rapid product creation strategy.In the past three years EMC has spent US$4.5 billion acquiring a portfolio of 20 technology companies, most notably data content management firm Documentum, backup-recovery specialist Dantz, and virtualisation outfit VMWare, the latter of which EMC described as ‘one of the most successful software companies ever’. Tucci promised more investment and expansion. “2006 will see us introduce more products and invest in more innovation than at any other time during our history,” he said in his keynote speech. Read it all here.
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