My last article reported on the virtualization vendors’ fourth quarter results, and this post reports on news from the storage industry. My sources are Cleveland Research and individual company reports from CRC and FactSet Estimates.
Articles Tagged with EMC
After the end of a year, we often pause and reflect to celebrate our successes and to try and gain closure for our failures and tragedies. For many, 2016 has been a horrible year. I am not going to talk about politics, as that is far too contentious, but the world seems a little darker today than it did in January of 2016. We lost music icons like David Bowie, Prince, Rick Parfitt from Status Quo, and George Michael. Comedians Victoria Wood, Caroline Aherne, and Gene Wilder passed away. For the fantasy and science fiction geeks, we lost Alan Rickman (Harry Potter and Galaxy Quest), Carrie Fisher (Star Wars) on Christmas day, and Anton Yelchin (Star Trek) in June. The sporting world lost Muhammad Ali, Arnold Palmer, Johann Cruyff (the founder of Sexy Football—the proper sort with a round ball that is kicked by a foot). We also lost John Glenn, former US senator and astronaut. In the technology world, we lost Intel founding father Andy Grove, email inventor Ray Tomlinson, and AOL co-founder Jim Kimsey.
Some might say that the carve-up has begun, now that the Dell/EMC merger has been finalized. VMware has divested itself of two new business units: namely, the Business Enterprise and IT Benchmarking units, which it bought in 2011 when it acquired Digital Fuel. Remember, this was during VMware’s acquisition phase under former CEO Paul Maritz, during which it acquired companies including Shavlik, SpringSource, Socialcast, and Zimbra, amongst several others.
Many are saying, as usual, that the writing is on the wall for VMware: that is has lost its way, that is it the IBM of the Millennial generation. Watching from afar (the less said about being afar the better, but at least my back is healing) offers a slightly different perspective. Not being dazzled by the bright lights of the conference or being subsumed into the cacophony means that you can more clearly see the chaff from the corn and perhaps discern a direction in what at first seems nothing but white noise.
Yesterday, after many worries—some regulatory (Would the EU sanction the deal? Would China sanction the deal?), some legal (Were the financial instruments being used to finance the deal unlawful under the US tax code?)—the biggest IT merger ever in terms of monetary value finally occurred. This is one of those landmark occasions. Two of the biggest names in our industry, Dell and EMC2, have merged to become Dell Technologies.
There were quite a number of interesting announcements at EMCworld this year. The most important is that the Dell-EMC merger is on track to complete its reorganization as Dell Technologies. Dell Technologies will join the ranks of the largest hardware and software vendors worldwide. EMC also announced several new hardware options and software services, and gave adoption rates for services started last year. All in all, EMC had a very good year. Further, while VMware, Pivotal, and RSA were absent from the show’s keynotes, making more time to discuss the merger, they were far from absent from the show floor.