Summary: EMC Corp. Feb 12
- ID: 2059598
- February 2012
- Standard & Poors
The ratings on Hopkinton, Mass.-based EMC Corp. reflect the company's "satisfactory" business profile (as defined in Standard & Poor's Ratings Services' criteria) as consistent profitability in the face of very competitive industry conditions demonstrates, along with a more diversified product portfolio following recent acquisitions and a "modest" financial profile (as defined in our criteria). We believe EMC's business profile benefits from a leading market position in the enterprise storage market, as well as favorable trends that we expect to support continued strong demand for data storage. In addition, software acquisitions, including RSA Security, Network Intelligence, Legato Systems, Documentum, and VMware--all made in the past several years--have improved EMC's business profile in areas such as content management, security, and virtualization. The...
Companies mentioned in this report are:
- EMC Corp.
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included. SHOW LESS READ MORE >