Emc

THERE'S THE BANKER who turned her family tragedy into a crusade against violence. The hiker who lost his legs, then built a bionic ankle system that is helping war veterans walk and run. The athlete who banned soda and junk food from an urban school and taught the kids to love their vegetables. These are The Boston Globe's 2012 Most Innovative in Massachusetts- a dozen pioneering individuals who embody the creativity and ambition that distinguish our state. We found them with your help.

CNNMoney's The Buzz column called it the "stupid stock move of the day": Shares of EMC Corp., the data-storage giant based in Hopkinton, slumped after NetApp plunged 12 percent, the most in the S&P 500. That company, a seller of hardware and software for storing data, forecast first-quarter earnings that would trail analysts' estimates because of a weak economic outlook. But, The Buzz noted, "Many tech investors think EMC is gaining market share from NetApp. So the weaker guidance may not be a sign of corporate IT departments cutting back on storage, it's a sign that they may be shifting more to EMC. "

Data storage giant EMC Corp. in Hopkinton has purchased an upstart Israeli competitor for a reported $430 million, further deepening its presence in a country where it already has hundreds of employees. EMC would not disclose the financial terms of the deal, but 451 Research, a New York firm that tracks technology companies, said that EMC paid $430 million to buy XtremIO Inc., a three-year-old, 50-employee firm developing cutting-edge technology for "flash" storage. EMC has maintained sales and research operations in Israel since 1994, and has acquired nine firms with major operations there, including...

EMC Corp. , the Hopkinton-based data storage giant, said Tuesday that it has acquired privately held Syncplicity Inc., a California company specializing in cloud-based file management services. Terms of the transaction were not released. Syncplicity's services help its customers to manage, sync, share, and back up files, EMC said in a press release .

SAN FRANCISCO — EMC Corp. may spend about $3 billion on acquisitions this year, keeping pace with last year’s tally, as it expands beyond storage computers into complex data analysis, chief operating officer Pat Gelsinger said. Hopkinton, Mass.-based EMC will use deals to add tools and services that help customers speed decisions based on combing through so-called “big data,’’ reams of information from multiple sources, including the Web, e-mail, and computer systems, Gelsinger said in an interview.

HOPKINTON - Data storage vendor EMC Corp. yesterday agreed to acquire Pi Corp., a privately held developer of software and services to help individuals sort through and share increasing volumes of data. Hopkinton-based EMC hopes the deal will expand its presence in the emerging field of "cloud computing," a term for technology that allows computers to work across large pools of shared systems, rather than on local machines or remote server farms. EMC did not disclose how much it paid in its all-cash transaction for Seattle-based Pi. The four-year-old firm and its...

EMC Corp. has withdrawn a petition on the annual Town Meeting warrant seeking to rezone a 14.2-acre parcel of undeveloped land adjacent to its headquarters to allow an approximately 700-space parking lot. The company "withdrew the proposal temporarily to continue to work closely on positive changes to our plan with the community," EMC spokeswoman Lesley Ogrodnick wrote in an e-mail. The company intends to resubmit its proposal, which would change the land's zoning from agricultural to industrial, at a future Town Meeting, she wrote.

CNNMoney's The Buzz column called it the "stupid stock move of the day": Shares of EMC Corp., the data-storage giant based in Hopkinton, slumped after NetApp plunged 12 percent, the most in the S&P 500. That company, a seller of hardware and software for storing data, forecast first-quarter earnings that would trail analysts' estimates because of a weak economic outlook. But, The Buzz noted, "Many tech investors think EMC is gaining market share from NetApp. So the weaker guidance may not be a sign of corporate IT departments cutting back on storage, it's a sign that they may be shifting more to EMC. "

SEATTLE — EMC Corp.’s chief executive and chairman, Joe Tucci, said yesterday that he would not willingly part with the Hopkinton, Mass., company’s stake in software maker VMware Inc., even for a 50 percent premium. Tucci, a conference in New York, also discussed moving to a chairman-only role. He said he is grooming internal candidates to replace him as CEO. In 2009, Tucci said he’d be CEO for three more years.

Like millions of other Americans, EMC Corp.'s chief executive, Joe Tucci, is delaying his retirement, although not because he is worried about the future. Tucci is sticking around at the request of his colleagues at the giant Hopkinton data storage company, which yesterday reported record revenues and profits for 2011. Tucci had said he would step aside by the end of this year, but during a conference call yesterday, he said the EMC board of directors had urged him to stay on into 2013.

THERE'S THE BANKER who turned her family tragedy into a crusade against violence. The hiker who lost his legs, then built a bionic ankle system that is helping war veterans walk and run. The athlete who banned soda and junk food from an urban school and taught the kids to love their vegetables. These are The Boston Globe's 2012 Most Innovative in Massachusetts- a dozen pioneering individuals who embody the creativity and ambition that distinguish our state. We found them with your help.

EMC Corp. has withdrawn a petition on the annual Town Meeting warrant seeking to rezone a 14.2-acre parcel of undeveloped land adjacent to its headquarters to allow an approximately 700-space parking lot. The company "withdrew the proposal temporarily to continue to work closely on positive changes to our plan with the community," EMC spokeswoman Lesley Ogrodnick wrote in an e-mail. The company intends to resubmit its proposal, which would change the land's zoning from agricultural to industrial, at a future Town Meeting, she wrote.

Data storage giant EMC Corp. in Hopkinton has purchased an upstart Israeli competitor for a reported $430 million, further deepening its presence in a country where it already has hundreds of employees. EMC would not disclose the financial terms of the deal, but 451 Research, a New York firm that tracks technology companies, said that EMC paid $430 million to buy XtremIO Inc., a three-year-old, 50-employee firm developing cutting-edge technology for "flash" storage. EMC has maintained sales and research operations in Israel since 1994, and has acquired nine firms with major operations there, including...

EMC Corp., one of the world's largest makers of data-storage computers, said Thursday that it was adding to its flash storage product lineup with the purchase of an Israeli company. Financial terms of the deal were not disclosed. But EMC said that its all-cash purchase of the privately held XtremIO is not expected to affect its earnings this year. XtremIO, founded in 2009, specializes in making equipment for flash memory. EMC sells storage products used for "cloud computing," a catchphrase for the practice of storing software and information on remote servers...

EMC Corp., the Hopkinton-based data storage giant, said Thursday that it has acquired XtremIO, an Israeli company specializing in storage achitecture that leverages flash memory. EMC's press release did not disclose a purchase price. In the release, EMC said XtremIO's technology complements a range of EMC flash-based systems and software stemming from EMC's early entry into the flash storage market. EMC said that the all-cash transaction is not expected to have a material impact to its earnings-per-share for the full 2012 fiscal year.

Hopkinton residents will vote next week whether to rezone land near Lake Maspenock to allow EMC Corp. to build an approximately 700-space parking lot next to its corporate headquarters. The chairman of the Hopkinton Planning Board sees the decision before the annual Town Meeting as, simply, "jobs versus the environment. " "It basically comes down to whether the town wants to help create jobs or preserve a piece of land," Ken Weismantel said. At a public hearing last month, neighborhood residents spoke out against the additional traffic, light, runoff, and future growth they said...

EMC Corp. , the Hopkinton-based data storage giant, said Tuesday that it has acquired privately held Syncplicity Inc., a California company specializing in cloud-based file management services. Terms of the transaction were not released. Syncplicity's services help its customers to manage, sync, share, and back up files, EMC said in a press release .

EMC Corp., the Hopkinton-based data storage giant, said Thursday that it has acquired XtremIO, an Israeli company specializing in storage achitecture that leverages flash memory. EMC's press release did not disclose a purchase price. In the release, EMC said XtremIO's technology complements a range of EMC flash-based systems and software stemming from EMC's early entry into the flash storage market. EMC said that the all-cash transaction is not expected to have a material impact to its earnings-per-share for the full 2012 fiscal year.

EMC Corp., the world's biggest maker of storage computers, said first-quarter profit rose 23 percent as companies housed increasing volumes of data and purchased more software from majority-owned VMware Inc. Net income advanced to $586.8 million, or 27 cents a share, from $477.1 million, or 21 cents, a year earlier, the Hopkinton-based company said Thursday in a statement. Excluding some items, profit was 37 cents, compared with the 36-cent average of analysts' estimates compiled by Bloomberg.