and they announced 1st qtr .02 above estimates
EMC and PTC Form Alliance
Cooperative Development and Marketing Efforts Will Provide
Customers with Optimized Software and Networked Storage
Environments for Collaborative Product Commerce
HOPKINTON and WALTHAM, Mass., Jan. 16 /PRNewswire/ -- EMC Corporation (NYSE: EMC), the world leader in information storage, and PTC (Nasdaq: PMTC), the product development company(TM), today announced an alliance designed to provide customers with integrated collaborative product commerce (CPC) solutions using both companies' leading technology. As part of the alliance, PTC has joined the EMC E-Infostructure Developers Program(TM) and EMC will become a PTC Enterprise Platform Partner.
(Photo: newscom.com )
The alliance includes technical and marketing initiatives to optimize and integrate EMC's leading storage systems and software with PTC's leading CPC software. CPC solutions, including computer aided design (CAD) and collaborative product development applications, are enhanced by highly reliable, scalable and high performing networked storage systems to facilitate the movement, sharing and management of large files from multiple systems. PTC and EMC already work closely, with each company deploying the other's products in strategic areas within their respective organizations.
"By building an integration between EMC's and our technology, we can further enhance our solutions and continue to deliver innovative, powerful and flexible solutions that meet our customers' specific business requirements," said Anthony P. DiBona, executive vice president of global business partners, PTC. "Our goal in working with EMC is to combine the collaboration, design and storage tools necessary for customers to elevate their design innovations into enterprise assets and translate those new assets into tangible new business opportunities."
The alliance will leverage EMC's industry leading Symmetrix(R) Enterprise Storage systems and software, EMC Celerra(TM) File Server and CLARiiON(R) IP4700 Network Attached Storage system as well as PTC's industry leading CPC and product development solutions including Pro/ENGINEER and Windchill. Each company will sell and service their respective products.
"Customers that deploy sophisticated tools to develop better products faster need an open, flexible and reliable information infrastructure to maximize the effectiveness of those tools," said Don Swatik, EMC's vice president of global alliances. "By working closely with PTC, both in the engineering lab and in the field, we will be able to provide our mutual customers with storage networking solutions that are capable of meeting the most demanding requirements for information scalability, reliability, performance, protection and management."
The EMC E-Infostructure Developers Program provides wide-scale access to EMC APIs, which are software paths into EMC systems and software. The program enables customers to select from, and rapidly integrate, a large variety of information management, sharing and protection tools. By sharing its APIs with companies such as PTC, EMC helps customers take full advantage of the leading performance, availability and management features of EMC Enterprise Storage solutions, while eliminating costly, time-consuming application creation or customization. Further information on EMC's E-Infostructure Developers Program can be found at www.emc.com/partnersalliances/einfostructure/developers. |
