Hopkinton-based EMC Corp. reported quarterly and yearly revenue and income growth in the fourth quarter ending Dec. 31 in an earnings statement released Wednesday, one day after management approved a restructuring plan which includes a workforce reduction.
Hopkinton-based EMC and aerospace, defense, security, and advanced technology firm Lockheed Martin will open a cybersecurity center in Israel in which the two firms will engage in technology projects in the southern part of the country.
The center will be located in a technology park in Be'er-Sheva, and the projects will take place with the help of Israeli companies, government agencies and academic institutions in the region to explore and promote collaborative research and development projects in cloud computing, data analytics and related cybertechnologies, according to a statement from EMC.
VMWare, a provider of cloud and virtualization software and services that is a subsidiary of Hopkinton-based EMC Corp., is buying an Atlanta company that makes enterprise mobile management and security software.
They've filed 30 lawsuits against EMC Corp. since 2005, forcing the Hopkinton-based data storage giant to spend at least $1 million per month on legal fees for each of the past several years.
A surge in website attacks on the first Monday of the holiday shopping season – also known as Cyber Monday – costs companies millions of dollars in labor and lost revenue, according to the security division of Hopkinton-based EMC Corp.
EMC Corp. of Hopkinton reported lower-than-expected quarterly results Tuesday and cut its full-year sales and profit forecasts amid a fall in U.S. government spending.
An analysis by Framingham-based International Data Corp. (IDC) showed revenue for the worldwide data storage software market grew 4.1 percent in the second quarter of 2013 compared to 2012, to nearly $3.5 billion.
Finally, after a Great Recession that has been anything but great for businesses in the Bay State, the nation and beyond, important measures of economic health are starting to show change for the better.