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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: Jerryco1 who wrote (8748)	1/14/2000 3:46:00 PM
From: Jerryco1	Respond to of 17183

EMC Acquires Terascape HOPKINGTON, Mass.--(BUSINESS WIRE)--Jan. 14, 2000--EMC Corp. (NYSE:EMC) today announced it has acquired Terascape Software Inc., a privately held software company based in Needham, Mass., in a cash transaction valued at less than $50 million. Terascape, founded in 1996, is a leading provider of storage performance software, specializing in performance management for Oracle database environments. This acquisition will complement EMC's industry-leading portfolio of enterprise storage software solutions. EMC Corporation, a Fortune 500 company based in Hopkinton, Massachusetts, is the world's technology and market leader in the rapidly growing market for intelligent enterprise storage systems, software, networks and services. The company's products store, retrieve, manage, protect and share information from all major computing environments, including Unix, Windows NT, Linux and mainframe platforms. The company has offices worldwide, trades on the New York Stock Exchange under the symbol EMC, and is a component of the S&P 500 Index. For further information about EMC and its storage solutions, EMC's corporate web site can be accessed at emc.com.