EMC Acquires Internosis
Acquisition Significantly Expands Services Expertise for Microsoft Technologies
Hopkinton, Mass.-Monday, January 9, 2006, EMC Corporation, the world leader in information management and storage, today announced it has acquired Internosis, Inc., a fast-growing, privately held North American-based IT services firm that specializes in IT strategy, application development, IT infrastructure and managed services for Microsoft environments. The acquisition is a key step in EMC’s professional services evolution, extending EMC’s capabilities to build and deliver tightly integrated solutions around application infrastructure. The acquisition is not expected to have a material impact to EPS for 2006.
Derrell James, Senior Vice President, EMC Technology Solutions, said, “As a best-of-breed provider of services and solutions in Microsoft-oriented application infrastructure and development, Internosis significantly expands EMC’s services reach and capabilities. The addition of Internosis’s extremely talented people and world-class processes to our own growing professional services and solutions business will help to further accelerate customer adoption of information lifecycle management solutions. The addition also will improve on our ability to provide specialized services and complete solutions for our customers’ rapidly growing Microsoft-based environments.”
Based in Greenbelt, Maryland, Internosis is one of the fastest-growing IT services firms focusing on the integration of Microsoft technologies within the enterprise. A Microsoft Gold Certified Partner and seven-time Microsoft Partner of the Year, Internosis’s approximately 250 service professionals apply processes and solutions to help clients minimize risk and maximize productivity around directory services, knowledge management, collaboration and end-to-end migrations.
Robert Stalick, Internosis’s CEO said, “Few companies in IT have EMC’s combination of a strong brand, industry-leading products, solutions and service, and an ‘A-list’ of enterprise customers. We’re very excited to join forces with EMC and accelerate the delivery of EMC information lifecycle management solutions in Microsoft environments.”
Internosis will become the Microsoft Practice within EMC Technology Solutions, EMC’s professional services organization. Internosis’s services will be marketed and sold primarily through EMC’s North American sales channels and business partners. With more than 9,000 technology experts globally, EMC’s services organization brings a unique mix of information infrastructure experience and strategic business focus to give customers a full range of consulting, design, implementation and support services. Details of the transaction are not being disclosed.
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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) risks associated with acquisitions and investments, including the challenges and costs of integration, restructuring and achieving anticipated synergies; (iv) competitive factors, including but not limited to pricing pressures and new product introductions; (v) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (vi) component and product quality and availability; (vii) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (viii) insufficient, excess or obsolete inventory; (ix) war or acts of terrorism; (x) the ability to attract and retain highly qualified employees; (xi) fluctuating currency exchange rates; and (xii) 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.
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