EMC touts future low-end storage products

14.07.2006

All new Symmetrix builds will be DMX3, Tucci said.

EMC was more successful in some of its nonstorage areas. For example, VMware revenue was up 73 percent and content management was up 79 percent. In general, EMC's acquisitions did well, which Tucci said was due to leverage.

Tucci also addressed the company's most recent acquisition, RSA Security Inc. RSA's CEO, Art Coviello, will continue to lead the company, which will be in EMC's information security division, and it will retain its own specialized sales, marketing and development. RSA will continue to develop an independent security franchise in addition to looking for synergies with EMC, he said.

EMC also lowered earnings expectations for the year to $10.8 billion, with earnings per share of 51 cents.