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EMC Corporation

  • Current Price: $23.90
  • YTD: -6%
  • Percentage below 52-week high: 16%

EMC-Corporation[1]EMC (EMC) reported a strong set of fourth-quarter results recently, led by a 10% growth in the Information Storage division and sustained growth from EMC-owned VMware (VMW).

Pivotal Initiative, an organization that combines VMware’s data center software and EMC’s big data technology, is expected to bring in over $1 billion by 2017. VMWare is not EMC’s only acquisition success. Since that winner 10 years ago, the company has taken over RSA Security, Data Domain, Isilon and XtremIO, all fast-growing and profit-generating businesses within EMC.

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