Massachusetts’ EMC — A Technology Original

Route 128 tech corridor's EMC Corporation has branched out

   

If Silicon Valley isn’t the cradle of the technology revolution in the United States, then perhaps it’s arguable it could be the Route 128 corridor outside of Boston.

That being the case, EMC Corporation (NYSE:EMC) is one of the remaining pioneers.

Founded in 1979 by Richard Eagan and Roger Marino in Newton, Mass., EMC was and still is one of the powerhouses in data storage and information. EMC has never left its Bay State roots, having moved only twice — once to Natick, before finally settling in at its current Hopkinton address, right where the Boston Marathon begins every April.

EMC went public in 1986 and has transformed itself from a simple storage solution provider into a cloud-based behemoth, offering data storage, management, protection, security and analytical capability to its users through its two main business categories: EMC Information Infrastructure and VMware Virtual Infrastructure.

EMC has branched out geographically, too, with offices in 100 countries staffed by 53,000 employees. The company generates $20 billion a year in revenues, and has billions in its war chest, giving EMC the flexibility to expand its products. In 2012 alone, the company has already acquired Pivotal Labs, Syncplicity and Watch4net.

Unlike many of its long-forgotten neighbors like Digital Equipment, Data General and Prime Computer, EMC has stood the test of time.

Check out the complete list of Real America Index components, along with an interactive map of short-term and long-term returns.

Marc Bastow is an Assistant Editor of InvestorPlace. As of this writing, he did not hold a position in any of the aforementioned securities.


Article printed from InvestorPlace Media, http://investorplace.com/real-america-index/massachusetts-emc-corporation-a-tech-industry-original/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.