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Accelerate to Your Cloud Seminar
When:Thursday, June 21, 20128:30 am to 1:30 pm
Where:Sykart Indoor Racing Center
17450 W Valley Hwy
Tukwila, WA 98188
425-251-5060
Directions:http://sykart.com/directions/
Agenda
8:30 am - 9:00 am Registration
9:00 am – 9:40 am Lap 1: Building Your Cloud by VM Amy
Follow me by VM view, iPhone iPad, - > disk top, 1 image, VCE ‘Always on’ ref.
9:40 am – 10:20 am Lap 2: Accelerate Your Journey with Storage build for VMware by Matt Cowger – EMC vSpecialist
8 years Tech invest R/D $10.5BM&A $14BEasy secure in virture worldFLASH 1st
SLA optimizationIO skew90% utilization$2.39/GBEffective costFAST Cache R/W
200 vSpecialist More VCPs > VMware eLab invest $2B/year IT Central: emc’S 1 Stop IT Info Ctr Cardinal Health Virtul leyer < 5% CPU
10:20 am - 10:35 am Break
10:35 am - 11:15 am Lap 3: Accelerate Your Journey with Backup build for VMware by Brad Howe EMC Backup TC
VM vStorage API for Data ProtectionVM vCenter ServerHashing tech in DD & AvamarAvamar integrated with DD & NetWorkerAvamar 6.1 GA 6/20CBT: Changed Block TrackingAvamar s/w agentSolution sizingBacking up 1,000 VM in 43 minutes for 50 TB backupwww.emc.com/backuptothefuture
11:15 am – 11:55 am Lap 4: Accelerate Your Journey with Management for VMware by
Self-provisioning
Vblockwww.emc.com/stsYouTube: “UIM Integration
IT OrchestratorProSphere
11:55 am - 12:30 pm Lunch
12:30 pm – 2:00 pm Accelerate Challenge - Racing
200 EMCs in Seattle + Isilon6,000 in MA
EMC's Data Domain deal, near 3 years later Silicon Valley / San Jose Business Journal by Diana Samuels, Reporter
Wednesday, February 22, 2012
Diana Samuels Reporter- Silicon Valley / San Jose Business Journal Email | Twitter
EMC's acquisition of Data Domain in the summer of 2009 was not an altogether smooth transaction.
It took two months to resolve a hostile bidding war between Hopkinton, Mass.-based EMC and Sunnyvale-based NetApp for Data Domain, a Santa Clara-based backup company. EMC ultimately won with a $2.1 billion offer, outbidding NetApp's $1.9 billion price.
Last week, I had a chance to catch up with the president of the combined EMC-Data Domain division, BJ Jenkins, who says two and a half years later all is hunky dory at the combined companies, which have merged into EMC's "Backup Recovery Systems Division" headquartered in Santa Clara.
"For EMC, it's been a core competency for us to acquire companies and help them grow," Jenkins said. "I think at the time of acquisition there was a lot of talk about 'East Coast vs. West Coast' culture and how would those two mesh? Were these products going to work together and grow, or were they going to cannibalize each other? Our experience has been that the growth has been great."
The division makes backup systems featuring "deduplication" technology, which can identify files and data that are redundant so it doesn't have to copy them again. Because they are more efficient, EMC-Data Domain says its systems can reduce a company's storage footprint by 10 to 30 times.
Jenkins does have some numbers to demonstrate the division's success: It more than doubled its revenue from 2010 to 2011, from $1 billion to $2 billion. Data Domain was pulling in about $485 million when it was acquired.
At that time, Data Domain had about 900 employees, about half of them in Silicon Valley. EMC combined that with 900 employees from the backup division it already had, for a total of about 1,800 employees when the companies merged.
Today, the division has more than 3,000 employees, with more than 1,000 in Silicon Valley, Jenkins said. It hired more than 550 people in California over the last two years and expects to hire at an even faster pace this year, he said.
Leadership at the top has changed, though: Jenkins took over as president in Jan. 2011, replacing Frank Slootman, Data Domain's former CEO.
Jenkins had worked at EMC for 13 years, and was previously chief of staff of the backup division. Slootman is now a venture partner at venture capital firm Greylock Partners and CEO at San Diego-based ServiceNow, a company that makes business process automation software, according to Greylock's website.
Jenkins said by acquiring Data Domain, EMC was able to take the cutting-edge deduplication technology and give it the advantage of EMC's huge size and clout.
"We were able to really take that foundational element that Data Domain provided and just reach more customers with it," he said. "It was not a redundancy or efficiency type of acquisition at all. We call it an offensive growth acquisition — how can we get this product in front of more customers faster than we could as a standalone company."
Diana Samuels covers technology, cleantech, biotech and venture capital. Her phone number is 408.299.1835.
Pat Gelsinger
President and Chief Operating Officer, EMC Information Infrastructure ProductsEMC CorporationPat Gelsinger is President and Chief Operating Officer, EMC Information Infrastructure Products. With revenues of $20 billion in 2011 and more than 53,000 people worldwide, EMC is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset – information – in a more agile, trusted, and cost-efficient way.
Gelsinger is responsible for EMC's Information Infrastructure product portfolio, including information storage divisions, as well as Data Computing, Backup and Recovery Systems, RSA Security, Enterprise Solutions, and the office of the Chief Technology Officer. He reports to Joe Tucci, EMC's Chairman and CEO.At EMC, he has led EMC product engineering and manufacturing divisions through the largest-ever revamp of EMC's industry-leading product portfolio, including the launch of the award-winning VNX family of unified storage platforms, which have gained market share for EMC in the rapidly growing mid-tier and small-business segments. Under Gelsinger's leadership, EMC has grown its Backup and Recovery Systems division into an essential part of EMC's business, combining Avamar and Data Domain to offer next-generation backup solutions designed specifically for new data center architectures. He has also overseen the integration and growth of Isilon scale-out NAS, as well as the introductions of the Greenplum Unified Analytics Platform for big data analytics and server Flash caching technology, EMC VFCache. He also leads EMC's technology partnerships with industry leaders including Intel, SAP, Microsoft, VCE (the Virtual Computing Environment Company, EMC's joint venture with Cisco), and VMware (the EMC majority-owned and publicly-traded market leader in virtualization and cloud infrastructure).Prior to this, he led Intel Labs, which encompasses many of Intel research activities, including leading Corporate Technology Group and Intel Research. As Intel's first chief technology officer (CTO), he managed Intel's longer-term research efforts and helped ensure consistency from Intel's emerging computing, networking, and communications products and technologies.Gelsinger also led Intel's Desktop Products Group, where he was responsible for its desktop processors, chipsets, and motherboards for consumer and commercial OEM customers as well as many of Intel's technology initiatives and the Intel Developer Forum. He also led the development of the Intel ProShare video conferencing and Internet communications product line. He was general manager of the division responsible for the Pentium Pro, IntelDX2 and
Intel486 microprocessor families. He was also architect of the original 80486 and a design engineer on the 80386 and 80286 processor design teams.He holds six patents in the areas of VLSI design, computer architecture and communications, is a well-known speaker on technology trends, and has received a variety of industry recognition awards. He received an associate's degree from Lincoln Technical Institute in 1979, a bachelor's degree from Santa Clara University in 1983, magna cum laude, and a master's degree from Stanford University in 1985. All degrees are in electrical engineering. He is a Fellow of the IEEE (2008) and was awarded an Honorary Doctorate of Letters in 2008 from William Jessup University.February 2012
…
Frank Slootman, the former chief executive of Data Domain, is joining venture
firm Greylock partners. It is a somewhat incestuous move, since Greylock backed
Data Domain, which was purchased by EMC for $2.4 billion in 2009 .
Fifteen-year EMC staffer William “BJ” Jenkins replaces Slootman heading up the BRS team.
EMC says that Slootman will stay on as an advisor for next generation backup and recovery
products.
Frank Slootman will join Greylock as a partner. In his new role, Slootman will invest in data
center infrastructure start-ups, particularly in the virtualization, networking, storage, cloud and
enterprise application sectors. He will also coach and mentor up-and-coming entrepreneurs and
executives.
Data Domain was a big success, and the investors which included Greylock and NEA made a
big return. We had the Data Domain guys inside the Cube at EMC World and they had nothing
but good things to say about EMC.
My Angle: This isn’t a firing at EMC, but a graceful exit for someone who is interested in
technology innovation and entrepreneurship. EMC is heads down focused on execution and
new products.
Slootman moving to a venture role is a perfect position for Slootman, Greylock and other
entrepreneurs. Storage, data, and converged infrastructure is the sexiest area right now and
Slootman brings a lot to the table.
Here are some choice quotes from Greylock’s press release
Aneel Bhusri, a partner at Greylock. Bhusri was one of the early stage investors in Data Domain
and its chairman at the time of its acquisition by EMC Corporation. Bhusri is also co-founder and
co-chief executive at Workday and currently leads Greylock’s investments in Cloudera, Data
Robotics, Proferi and Pure Storage. “Frank’s experience and perspective will be a tremendous
asset to Greylock and he will be a valued partner to entrepreneurs who are building the next
generation of enterprise technology companies.”
“Joining Greylock will enable me to get involved with many more aspiring and innovative
companies. The world is buzzing with new ideas and innovation, and this is a great time to seek
out, invest in and help bring about the next wave of exciting companies,” says Slootman.
Slootman brings with him 25 years of experience as an entrepreneur and executive in the
enterprise software industry. He most recently served as president of EMC’s Backup Recovery
Systems (BRS) Division. At Greylock Frank will remain in a formal advisory capacity to EMC
and to the company’s BRS Division. Prior to EMC, Frank served as chief executive of Data
Domain, a venture-backed storage company that was acquired by EMC. Data Domain was
founded in 2001 and grew at record pace. The company listed its shares on Nasdaq in 2007
and was acquired by EMC in 2009 for $2.4 billion.
Prior to Data Domain, Slootman served as a products executive at Borland Software and
Compuware Corporation. He started his career at Burroughs Corporation in Detroit, Michigan.
Slootman earned undergraduate and graduate degrees from the Netherlands School of
Economics, Erasmus University Rotterdam in his native Holland.
…
Joseph M. Tucci
Chairman and Chief Executive Officer EMC Corporation Joe Tucci is Chairman of the Board of Directors and Chief Executive Officer of EMC Corporation. Tucci has been EMC's Chairman since January 2006 and President and CEO since January 2001, one year after he joined the company as President and Chief Operating Officer. He is also Chairman of the Board of Directors of VMware Corporation. He is based at EMC's corporate headquarters in Hopkinton, Massachusetts.
Tucci has led EMC through a period of dramatic revitalization, continued market share gains, and sustained double-digit growth. He has transformed EMC's business model from what was a near-exclusive focus on high-end storage platforms. With revenues of $20 billion in 2011 and more than 53,000 people worldwide, EMC is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset – information – in a more agile, trusted, and cost-efficient way.In 2011, Tucci oversaw the most aggressive new product introduction cycle in the company's history. Since 2003, he has spearheaded the investment of more than $14 billion in strategic acquisitions to fill out EMC's product portfolio, enter new market segments, and expand the company's addressable market opportunity. He has led EMC into multi-platform open software, expanded the company's marketplace beyond large enterprises to commercial and small-medium businesses, broadened the company's industry alliances, and established new selling, partnership and distribution channels. Over the same period, Tucci has strengthened EMC's management team with the integration of executives from other major technology companies. He has championed EMC's use of Six Sigma to improve its business processes and has engaged employees in the Total Customer Experience, EMC's commitment to consistently exceed customers' expectations for quality, service, innovation, and interaction. Acknowledging EMC's rejuvenation under Tucci's leadership, Barron's named him one of the world's Best CEOs in 2011.Before joining EMC, Tucci directed the financial and operational rebirth of Wang Global during six years as its Chairman and CEO. At Wang, he guided the company through a rapid and successful emergence from Chapter 11 bankruptcy protection and transformed the company from a midrange computer manufacturer into a worldwide leader in networked technology services and solutions. Under his leadership, Wang acquired and integrated ten companies
from 1995 through 1999, and its market capitalization more than tripled. In June 1999, Wang was acquired by Getronics NV.Prior to joining Wang in 1990, Tucci was President of U.S. Information Systems for Unisys Corporation, a position he assumed after the 1986 merger of Sperry and Burroughs that created Unisys. He began his career as a systems programmer at RCA Corporation and holds a bachelor's degree from Manhattan College and an MS in Business Policy from Columbia University.He is one of 150 CEO members of The Business Roundtable and the former chairman of its Task Force on Education and the Workforce. He is one of nine chief executives who steer The Technology CEO Council, the IT industry's leading public policy advocacy organization, and is a member of the Executive Committee of TechNet, a network of CEOs who work to advance the U.S.'s global leadership in innovation. In addition, Tucci is a member of the Board of Directors of Paychex, Inc.; a member of the Board of Advisors of the Carroll School of Management at Boston College; a member of the Board of Trustees of Northeastern University; a member of the Board of Overseers, Columbia Business School; a member of the Advisory Board of Tsinghua University, in Beijing, China; and an Overseer of the Boston Symphony Orchestra.February 2012
…Industry Veteran William "BJ" Jenkins Appointed President of EMC's Backup Recovery Systems Division HOPKINTON, Mass. - January 12, 2011
EMC Corporation (NYSE:EMC) today named William "BJ" Jenkins, a 13-year EMC veteran, as President of EMC's Backup Recovery Systems (BRS) Division where he most recently served as the division's Chief of Staff. Jenkins replaces Frank Slootman who served as the President of the business unit since 2009. Slootman will remain in a formal advisory capacity to EMC and to the company's BRS Division, continuing to help guide EMC's next-generation backup and recovery initiatives. Both executives will report into Pat Gelsinger, President and Chief Operating Officer of EMC's Information Infrastructure Products Business.
With more than 15 years of IT experience, Jenkins will leverage his diverse and deep expertise across EMC and the information technology industry to move forward EMC's fast-growing BRS business. Central to this mission is the continued pursuit of innovation and helping EMC and its partners bring to market backup and recovery solutions that address customers' top priorities as the rapid growth of information and "big data" accelerate and organizations shift to cloud computing architectures.
Pat Gelsinger said, "EMC has built one of the deepest, most accomplished executive leadership teams in the IT industry. Among this talented group, we are extremely fortunate to have a leader of BJ's caliber, industry track record and technology vision to lead EMC's fast-growing Backup Recovery Systems business. BJ's extensive knowledge of the information technology industry, long-standing relationships with our customers and ability to drive business growth are great advantages for EMC."
Joe Tucci, EMC's Chairman and Chief Executive Officer, said, "We are grateful to Frank for his extraordinary leadership. The success of Data Domain in the marketplace and the performance of the business as part of EMC have been nothing short of remarkable. We look forward to having Frank continue to provide his time and advice as we continue to advance the business."
Jenkins, 45, joined EMC in 1998 and has held a wide range of EMC senior leadership roles, including Senior Vice President of Global Marketing; Vice President of Telecom, Media and
Entertainment and Outsourcing Sales; Vice President of Global Field Marketing and Director of Operations Global Channels. Jenkins most recently served as Chief of Staff for EMC's BRS Division, where he led the highly successful post-merger integration of Data Domain as the foundation for the newly formed division. Since its formation, the BRS Division has grown at a very rapid pace, becoming the Fortune 1000's top choice for next-generation data protection systems.
Prior to joining EMC, Jenkins was President and CEO of Snow River Products, a manufacturing company in Brattleboro, Vermont, and a Senior Consultant at Accenture. Jenkins is a graduate of the University of Illinois and received his MBA from the Harvard Business School.
About EMC
EMC Corporation (NYSE: EMC) is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC's products and services can be found at www.EMC.com.
Press Contacts
Lesley [email protected]
Sean lamb: “It was exciting to be around here when EMC finallyended up acquiring us, but there was still trepidation.”
Frequently Asked Questions: EMC and Data Domain Customers
Question: What does the acquisition mean for EMC, Data Domain and our customers?
Answer: For EMC, Data Domain significantly strengthens an already strong portfolio of backup and recovery products. For Data Domain, EMC brings a robust worldwide channel that will expand sales on a global basis and in Enterprise accounts. EMC also brings a strong, global support infrastructure that will accelerate deployment of Data Domain products. Our combined customers will benefit from the resources that EMC brings to rapidly develop, integrate, and support worldwide, a broad backup and recovery portfolio.
Question: Who are some of the customers who have deployed the Data Domain product? What are they using it for?
Answer: Data Domain customers cut across virtually all vertical industry types, including automotive, consumer/retail, energy, financial services, government, healthcare, media and entertainment and telecommunications. The US Army, City of Houston, Lloyd’s TSB, TiVo, Teck, Ingram Entertainment, and The New York Mets, all have deployed Data Domain to minimize the cost and complexity of tape backup in their environments. These case studies are publicly available on www.datadomain.com
Question: How is EMC organizing the Data Domain business for future success?
Answer: Data Domain will form the foundation of a new product division that will focus on next generation backup, recovery and archive solutions. The new EMC product division will be led by Frank Slootman and report directly into Joe Tucci. EMC will enhance the division with additional products, technology and investments.
Question: Can I still purchase Data Domain products from Data Domain even though they are now part of EMC?
Answer: Yes. Data Domain products will continue to be offered through Data Domain and its affiliated partner program. Please contact your existing Data Domain sales representative or partner representative to assist you, or visit www.datadomain.com for contact information. EMC will continue to offer the Data Domain product line after the deal closes.
Question: Should Data Domain customers continue to call Data Domain customer support?
Answer: Yes. Data Domain is operating as the foundation of EMC’s new high-growth product division focused on the back up and recovery of business information. Data Domain customers should continue to use existing Data Domain contacts for support, professional services and sales to address immediate and ongoing needs.
Question: Should Data Domain customers continue to contact their Data Domain sales representative?
Answer: Yes. Data Domain is operating as part of a new, high-growth product division of EMC, and customers should continue to rely on existing relationships with Data Domain.
Question: Will this acquisition impact any existing project, deployment or services engagements?
Answer: The acquisition of Data Domain by EMC is about growth and expansion of Data Domain’s product portfolio. This transaction is not expected to impact any existing project, deployment or services engagement.
Question: Will training on Data Domain products continue?
Answer: Yes. EMC plans to continue and expand Data Domain’s existing education program.
Question: How does EMC plan to maintain Data Domain’s deduplication technology and product expertise?
Answer: The Data Domain management team and employees around the world will be integral in the execution of EMC’s plans to grow and expand Data Domain’s deduplication storage business.
Question: Do EMC and Data Domain products overlap?
Answer: The combination of EMC and Data Domain creates the best and broadest portfolio of deduplication products and solutions in the market. The portfolio is highly
complementary offering customer’s industry-leading products in both source-based and target-based deduplication platforms. There are many different customer use cases for deduplication technology, and if there are areas of overlap, EMC and Data Domain’s field organization will offer the best solution for the customer based on their requirements
Question: What does this announcement mean for the Disk Library family?
Answer: The Disk Library 4000 series will be unaffected by the acquisition, and will continue to execute on its current roadmap. The deduplication engine for the DL4000 will transition to the Data Domain architecture over time.
The DL1500 and DL3000 models will continue to be offered and supported according to standard EMC policy.
Question: What does this announcement mean for the Avamar family?
Answer: Beyond strengthening our overall portfolio, the addition of the Data Domain products will have minimal effect on the Avamar product family. Avamar uniquely provides customers with a backup solution with source deduplication that has proven extremely successful –with thousands of customer deployments across a wide range of environments.
Question: What does this mean for the Data Domain gateway products?
Answer: The Data Domain gateway products will continue to be offered and supported according to standard Data Domain product policy and compatibility matrix.
EMC Acquires Majority Ownership of Data Domain
Announces Subsequent Offering Period to Expire on July 22; Data Domain To Become Foundation of New Product Division Focused On Next-Generation Backup, Recovery and Archive HOPKINTON, Mass. - July 20, 2009
EMC Corporation (NYSE: EMC), the world leader in information infrastructure solutions, today announced that it has acquired majority ownership of Data Domain, Inc. (NASDAQ: DDUP). Once EMC completes the acquisition of Data Domain, which is expected by the end of July, Data Domain will become the foundation of a new product division within EMC's storage business focused on the development and delivery of next-generation disk-based backup, recovery and archive solutions.
The new EMC product division will be led by Frank Slootman, Data Domain's President and CEO, reporting to Joe Tucci, EMC's Chairman, President and CEO, and Frank Hauck, EMC Executive Vice President leading EMC's Storage Business. EMC will increase its investment in the division, adding resources, technologies, and products. The company expects this new division to continue growing revenue at significant double-digit rates achieving $1 billion in revenue in 2010. EMC and Data Domain's highly complementary technologies will continue to deliver customers tremendous savings and value while promising entirely new and exciting prospects for integrated solutions in the future.
Joe Tucci said, "I am delighted to welcome Data Domain and its dedicated, talented and seasoned team to the EMC family. Together we will shape the future of next-generation disk-based backup, recovery and archive solutions, making life significantly better for our joint customers, changing the game in the storage software market, and creating new market opportunities for growth."
Frank Slootman added, "We are pleased to see the merger with EMC becoming a reality. We envision great opportunity to accelerate our business through EMC's massive worldwide distribution network and customer base, and we can't wait to begin seeing that play out in the market place."
Data Domain stockholders have tendered approximately 78.2 percent of the outstanding Data Domain shares (not including shares tendered by notice of guaranteed delivery). Together with the 3.9 percent of outstanding Data Domain shares previously held by EMC, EMC now controls approximately 82.1 percent of Data Domain shares outstanding.
The initial offering period of EMC's tender offer to purchase all of the outstanding shares of Data Domain common stock expired at 12:00 midnight, Eastern Daylight Time (EDT), on Friday, July 17, 2009. EMC has accepted for payment the approximately 50,947,657 shares tendered in the offer.
EMC also today announced a subsequent offering period commencing on Monday, July 20, 2009 and expiring at 12:00 midnight EDT, on Wednesday, July 22, 2009, unless further extended. The subsequent offering period will permit all stockholders who did not tender shares in the initial offering period to obtain the $33.50 per share offer price for their shares prior to consummation of the second-step merger. EMC expects to complete the second-step merger and close the acquisition shortly after expiration of the subsequent offering period so long as EMC controls 90% or more of the outstanding Data Domain shares at such time.
During the subsequent offering period, EMC's acquisition subsidiary Envoy Merger Corporation will accept for payment and promptly pay for Data Domain shares as they are tendered. Stockholders who tender shares during such period will be paid the same $33.50 per share cash consideration paid during the initial offering period. During the subsequent offering period, shares may not be tendered through procedures for guaranteed delivery and shares tendered may not be withdrawn. Envoy Merger Corporation may extend the subsequent offering period. If the subsequent offering period is extended, Envoy Merger Corporation will notify the depositary for the offer and issue a press release prior to 9:00 a.m. EDT on Thursday, July 23, 2009.
About EMC
EMC Corporation (NYSE: EMC) is the world’s leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC’s products and services can be found at www.EMC.com.
Press Contacts
Michael [email protected]
EMC is a registered trademark of EMC Corporation. All other trademarks used are the property of their respective owners.
Information about the Tender Offer This press release is neither an offer to purchase nor a solicitation of an offer to sell any shares of Data Domain. EMC and Envoy Merger Corporation ("Envoy") have filed with the Securities and Exchange Commission ("SEC") a tender offer statement on Schedule TO containing an offer to purchase, forms of letters of transmittal and other documents relating to the tender offer, and these documents have been mailed to the stockholders of Data Domain. These documents contain important information about the tender offer and stockholders of Data Domain are urged to read them. Investors and stockholders of Data Domain are able to obtain a free copy of these documents and other documents filed by EMC and Envoy with the SEC at the website maintained by the SEC at www.sec.gov. In addition, the tender offer statement and related materials may also be obtained free of charge by directing a request to the Information Agent for the offer, Morrow & Co., LLC at (800) 662-5200, or by email at [email protected].
Forward-Looking Statements This release contains "forward-looking statements" as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) our ability to protect our proprietary technology; (iv) risks associated with managing the growth of our business, including risks associated with acquisitions and investments and the challenges and costs of integration, restructuring and achieving anticipated synergies; (v) fluctuations in VMware, Inc.'s operating results and risks associated with trading of VMware stock; (vi) competitive factors, including but not limited to pricing pressures and new product introductions; (vii) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (viii) component and product quality and availability; (ix) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (x) insufficient, excess or obsolete inventory; (xi) war or acts of terrorism; (xii) the ability to attract and retain highly qualified employees; (xiii) fluctuating currency exchange rates; (xiv) litigation that we may be involved in; and (xv) other one-time events and other important factors disclosed previously and from time to time in EMC's filings with the U.S. Securities and Exchange Commission. These statements are forward-looking, and actual results may differ materially. EMC disclaims any obligation to update any forward-looking statements in this release after the date of this release.
EMC and Data Domain: A Profitable DecisionM A R I A D E U T S C H E R | F E B R U A R Y 2 4 T H
R E A D M O R E
Storage giant EMC has acquired backup company Data Domain for a massive $2.1B BACK in
2009, after winning in a bidding contest against competitor NetApp with an offer $200 million
higher than the latter’s. Overall, the merger has worked out okay, according a recent interview
with BJ Jenkins, the current head of the integrated unit.
“For EMC, it’s been a core competency for us to acquire companies and help them grow,”
Jenkins said. “I think at the time of acquisition there was a lot of talk about ‘East Coast vs. West
Coast’ culture and how would those two mesh? Were these products going to work together and
grow, or were they going to cannibalize each other? Our experience has been that the growth
has been great.”
Jenkins provided a few figures to help demonstrate his point. The main highlight is that Data
Domain’s revenue ballooned from $1 billion to $2 billion between 2010 and 2011; a very big
increase, especially when compared with the $485 million annual revenue the company
reported prior to the EMC takeover.
There have also been some internal improvements, at least from an operational standpoint.
Data Domain’s original number of 900 employees was doubled right after the deal upon
integration with EMC’s backup business, and today that number has grown to 3,000. The very
least this indicates a strong commitment by the storage giant to continue and invest in what, in
retrospective, is turning out to be an increasingly profitable decision.
EMC is fleshing out its on-premise storage equipment and software as new trends such as big
data disrupt the market. At the same time, cloud providers are doing the same in the remote
datacenter. A more recent acquisition was that of Sharepoint 911, a Sharepoint services
provider, by cloud host Rackspace.
In the same vein:
EMC Breaks More Records with Symmetrix and Other New Products EMC Rolling Strong Breaking Records “Joe Tucci Loves The Cloud Action” NetApp Needs Some Missing Pieces To Keep Pace Fusion-IO Continues Its Path to Dominance in Storage Market HP, Dell and IBM Continue to Languish Compared to EMC and NetApp Brocade on the State and Future of Networking – Customer Choice is Key
…
Jeffrey M. Nick
Senior Vice President and Chief Technology OfficerEMC Corporation Jeff Nick is Senior Vice President and Chief Technology Officer (CTO) at EMC Corporation. With 2011 revenues of $20 billion and approximately 53,000 employees, EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through
innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset – information – in a more agile, trusted and cost-efficient way.
Nick leads EMC's Corporate Office of Technology, which is responsible for defining the company's evolving information infrastructure technology vision and strategy. He works directly with customers, EMC's executive team, and leading technologists across EMC's storage platforms, software products and global services divisions to develop future products and solutions.Nick chairs EMC's CTO Council, which is the company's internal forum for technical collaboration on information infrastructure design initiatives, and co-chairs EMC's Technical Advisory Board (TAB) with Pat Gelsinger; a board composed of external technical luminaries from industry and academia, which meets to work with EMC to define the company, and the industry's future technical direction. He also chairs EMC's external Industry Technical Advisory Council (ITAC), a select customer forum for tackling industry technology trends affecting EMC and its customers alike. In his role as CTO, Jeff drives EMC's internal Innovation Network, which links all of EMC's R&D efforts worldwide. He also oversees EMC's sponsorship of university research globally, as well as EMC's involvement in industry standards bodies. The Office of the CTO also evaluates emerging industry trends and plays a major role in setting technical direction for EMC's M&A activities.Nick founded and chairs EMC's corporate Fellow and Distinguished Engineer Review Boards, which are responsible for recognizing and leveraging EMC's top technical talent in shaping integrated technology solutions for EMC's customers. He is based at corporate headquarters in Hopkinton, Massachusetts, and reports to Pat Gelsinger, President and Chief Operating Officer, EMC Information Infrastructure Products, Executive Office of the Chairman.Nick joined EMC in September 2004 from IBM, where he held the distinguished title of IBM Fellow, the highest technical honor that IBM bestows on its IT innovators. During his 24-year career at IBM, he held a wide range of technical leadership positions with skills developed across a broad array of computer technology disciplines, including software development, microcode, systems architecture, clustered and distributed systems, database sharing algorithms, and transaction processing. Nick was Vice President, Architecture and Design, responsible for IBM's On Demand infrastructure initiative. He also led IBM's Grid Computing strategy. Nick began his IBM career as a software engineer focusing on the System 390 MVS operating system, and he eventually became the lead architect for the S/390 z-series platform and IBM's industry-leading Parallel Sysplex data-sharing platform.Nick graduated Magna Cum Laude from Marist College. He currently holds more than 80 U.S. patents in computer systems technology.March 2012
