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EMC Corp.

EMC exceeds expectations in Q4, restructuring ahead

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.

EMC, Lockheed to open Israeli tech center

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.

EMC subsidiary buys Ga. firm for $1.2B

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.

EMC Security Arm Denies Government Spying Allegations

The security division of Hopkinton-based EMC has refuted allegations that it allowed the National Security Agency to spy on users of its product.
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Tech, Financial Firms Fight Growing Number Of Lawsuits Filed By ‘Trolls’

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.

Study: Cyber Monday Attacks Cost Millions

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 Accuses Ex-Workers Of Divulging Secrets

EMC Corp. of Hopkinton is accusing more than 30 former employees of taking company secrets to a direct competitor based in the Silicon Valley.

EMC Results Miss Expectations

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.
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Analysis: Worldwide Storage Software Market Up in Q2

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.

Business Leaders Upbeat In Spite Of Challenges

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.
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