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EMC, Legato Software Each Grew Share In Third Quarter Storage Software Market

  • 16 December, 2003 16:36

<p>FOR IMMEDIATE RELEASE</p>
<p>EMC, LEGATO SOFTWARE EACH GREW SHARE IN THIRD QUARTER STORAGE SOFTWARE MARKET</p>
<p>Market Leader EMC Extended Lead Over #2 VERITAS;
LEGATO Software Gained Share</p>
<p>Sydney - December 16, 2003 - EMC Corporation widened its lead as the world’s #1 provider of storage software by growing its market share to 26.1 per cent in the third quarter, outpacing the total market and the next three vendors, according to IDC’s Worldwide Quarterly Storage Software tracker, released today. LEGATO Software, now a division of EMC, also grew its revenue share in both of its core markets: Backup &amp; Recovery/Archive and Replication.</p>
<p>According to IDC’s data, the two companies together would have led the market with 30 per cent revenue share and grown at nearly twice the rate of the total storage software market in the third quarter. Combined, EMC and LEGATO would have gained share in every major software category, including Storage Resource Management (SRM), Backup and Recovery/Archive, and Replication.</p>
<p>Mark Lewis, EMC Executive Vice President of Open Software, said, “EMC software continues to gain momentum in the marketplace. Our information lifecycle management strategy is clearly resonating with customers eager to attack costs, increase productivity, address compliance concerns and align their information infrastructure with information value.”</p>
<p>David B. Wright, EMC Executive Vice President and President of EMC’s LEGATO Software division, said, “LEGATO increased its share in every applicable category as more and more customers are turning to our Information Management solutions. In particular, while our core backup, recovery and archive solutions fared well with increasing share, a major highlight was our growth in replication. Our overall growth demonstrates that our combination is seen positively by customers, given it occurred in the midst of our acquisition by EMC.”</p>
<p>EMC announced its agreement to acquire LEGATO on July 8, 2003, and the completion of the acquisition on October 21, 2003.</p>
<p>About EMC
EMC Corporation (NYSE: EMC) is the world leader in products, services and solutions for information storage and management that help organisations extract the maximum value from their information, at the lowest total cost, across every point in the information lifecycle. Information about EMC's products and services can be found at www.EMC.com.</p>
<p>About LEGATO Software</p>
<p>LEGATO Software, a division of EMC Corporation (NYSE: EMC), is a global provider of open, enterprise-class software solutions and services for Information Management - helping organisations simplify management and control of information, and enable business continuity and compliance at the lowest TCO. LEGATO’s information protection, automated availability, and messaging and content management solutions are delivered through a worldwide network of strategic partnerships and alliances, as well as a direct sales force. The division's headquarters are located at 2350 West El Camino Real, Mountain View, CA 94040; (650) 210-7000; fax: (650) 210-7032; Web site: www.legato.com</p>
<p>For further information, please contact:</p>
<p>Emma Rogers
EMC Corporation
Tel: 02 9925 7942
Mob: 0408 237 309
Email: rogers_emma@emc.com</p>
<p>Debbie Sassine/Catherine Smith
Spectrum Communications
Tel: 02 9954 3299
Mob: 0405 735 323
email: debbies@spectrumcomms.com.au or catherines@spectrumcomms.com.au</p>

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