Press Release 13 Jun 2013

CORK, Ireland – June 13, 2013 - EMC® today announced the creation of 200 highly skilled jobs over the next two years and the opening of a new EMC office as part of a fresh €100 million investment in Ireland. The new full-time positions, spanning engineering, customer support, sales, finance, research and development and IT, will be based in a new EMC office in Citygate, Mahon, Co Cork, scheduled to open in August 2013.

The announcement was made by the Taoiseach, Enda Kenny TD, and David Goulden, EMC’s President and Chief Operating Officer, during an event celebrating EMC’s 25 years in Ireland at EMC’s Centre of Excellence in Cork.

EMC has begun recruiting for the new positions and expects to have the majority of them filled by the end of 2013. The company employs approximately 3,000 people in Ireland who play a critical role in supporting its global growth strategy, focused on cloud computing, Big Data and trusted IT.

The project has been supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.
 
Supporting Quotes:

An Taoiseach, Enda Kenny TD

“The Government welcomes EMC’s investment which builds on the company’s 25-year record of success in Ireland. The addition of 200 high-value jobs in Cork will be another boost for the region as we continue on the road to economic recovery. The commitment of EMC to Ireland is laudable as the company continues to develop new, innovative products and services for world markets and positions Ireland as the vanguard of innovation. EMC is making a valued contribution to Ireland’s economy and our recovery, and the company’s focus on cloud and Big Data aligns well with the Government’s Action Plan for Jobs.”

The Minister for Jobs, Enterprise and Innovation, Richard Bruton TD

“A key part of the Government’s plans for jobs and growth is targeting growth in the ICT sector and, in the two years since we have taken office, we have seen substantial increases in employment in this sector. Central to this are the high-growth areas of cloud and Big Data and, through the Action Plan for Jobs, we have put in place measures specifically to support growth in these sectors. Today’s announcement by EMC, a world-leading company in this area, that it is expanding its operations in Cork, with the creation of 200 additional jobs, is great news for the sector and for Ireland.”

The Minister for Research and Innovation, Seán Sherlock TD

“As Minister for Research and Innovation, I am particularly pleased to see research and development among the positions to be filled. EMC’s partnership with third-level institutions on cloud, Big Data and data centre transformation research programmes fits perfectly with the Government’s efforts to support effective collaborations between companies and third-level researchers. It is about taking the best skills available and using them with the best companies.”

Barry O’Leary, Chief Executive of IDA Ireland

“EMC is a central player in Ireland’s IT cluster, and we are keen to support the company’s growth, particularly in cloud and Big Data - key areas identified in IDA Ireland’s strategy, ‘Horizon 2020’. The jobs are a strong signal to the international investment community that Ireland is a centre for innovation and leading-edge business activity.”

EMC Executive Quotes:

David Goulden, EMC’s President and Chief Operating Officer

“EMC’s investment in Ireland is key to our global growth strategy which is focused on three of the most important drivers in IT for enterprise customers - cloud, Big Data and trusted IT. Cork is a critical innovation hub in EMC’s Centre of Excellence network, and our investment in Ireland demonstrates our long-term commitment to the country.”

Bob Savage, Vice-President and Managing Director, EMC Centre of Excellence

“Over the past 25 years, the Centre of Excellence has evolved from basic manufacturing to advanced innovation and product development. Our dedicated and talented workforce has helped to place the Cork operation at the centre of EMC’s global success story. We look forward to expanding our operations in Cork and to leading business and IT transformation for our customers as we embark on our next 25 years.”

About EMC

EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyse their most valuable asset - information - in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com

EMC is a registered trademark of EMC Corporation.
This release contains “forward-looking statements” as defined under the Federal Securities Laws.  Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (iv) competitive factors, including but not limited to pricing pressures and new product introductions; (v) component and product quality and availability; (vi) fluctuations in VMware, Inc.’s operating results and risks associated with trading of VMware stock; (vii) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (viii) risks associated with managing the growth of our business, including risks associated with acquisitions and investments and the challenges and costs of integration, restructuring and achieving anticipated synergies; (ix) the ability to attract and retain highly qualified employees; (x) insufficient, excess or obsolete inventory; (xi) fluctuating currency exchange rates; (xii) threats and other disruptions to our secure data centers or networks; (xiii) our ability to protect our proprietary technology; (xiv) war or acts of terrorism; and (xv) other one-time events and other important factors disclosed previously and from time to time in EMC’s filings with the U.S. Securities and Exchange Commission.  EMC disclaims any obligation to update any such forward-looking statements after the date of this release.


Press contacts: Bernard Mallee, pr360, 087 917 3022/Sarah Regan, pr360, 086 896 3312
 

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