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.
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