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EMC to Invest S$250 Million in Singapore
Also to Recruit 100 Engineers to set up South Asia Development Lab
Singapore - Thursday, June 7, 2007
The Singapore-based EMC E-Lab, an extension of EMC's award-winning E-Lab in the United States, will conduct the IT industry's most rigorous, end-to-end interoperability and integration testing, spanning every major server platform, infrastructure software component and networking element. Other key functions committed for the SADL include a lab for the evaluation and qualification of next generation digital storage solutions and a customer Proof-of-Concept center. In total, the SADL will play a leading role in the development and testing of new information-storage and information-management technologies for implementation in customer environments. Collaborating with suppliers and partners as well as Singapore's top tertiary educational institutions, and research institutes such as the Data Storage Institute, EMC also plans to leverage the local engineering talent pool in Singapore by recruiting a team of a 100 research and development engineers for this facility.
Commenting on EMC's investment in Singapore, Mr. Ko Kheng Hwa, Managing Director, Economic Development Board, Singapore said, "Singapore is a leading hub in the data storage industry. EMC's South Asia Development Lab in Singapore will bring a new strategic capability to strengthen the entire data storage ecosystem here. As the world leader in information management and storage, EMC's choice of Singapore to site the SADL, including the first E-Lab outside its home country, demonstrates our advanced R&D infrastructure and talent base which are able to undertake highly knowledge-intensive and complex activities."
Today's announcement follows previous announcements by EMC to invest more than US$1 billion by 2010 to strengthen EMC's R&D, customer support, and go-to-market capabilities in the APJ region. EMC anticipates that this most recent investment will be a critical accelerator for the storage and disc manufacturing ecosystem in Singapore, enhancing Singapore's position as base for high-technology engineering.
Elaborating on the decision to establish the SADL in Singapore, Steven Leonard, President, EMC Asia Pacific & Japan said, "EMC's decision to make an additional significant investment in Singapore over the next five years was made easier through strong government support as well as the immediate availability of advanced infrastructure and engineering talent here. EMC's R&D investment in Singapore reaffirms our commitment to our customers and partners throughout Asia Pacific and Japan. The SADL will help EMC further extend the value our technologies bring to customers needing to store, protect, optimize and leverage their information assets."
"As the world leader in information infrastructure solutions, EMC is deeply committed to investing in research and development," said Joel Schwartz, Senior Vice President and General Manager, Common Storage Platform Operations, EMC Corporation. "With 60 percent of IT spending coming from outside the US, EMC is focused on growing our international business more aggressively. The SADL demonstrates a strategic commitment to meet customer needs globally and take advantage of the highly trained and experienced talent that exists around the world," he added. EMC combines the best-of-breed platforms, software, and services into high-value, low-risk information infrastructure solutions that help customers maximize the value of their information assets, improve service levels, lower costs, react quickly to change, achieve compliance with regulations, protect information from loss and unauthorized access, and manage and automate more of their overall infrastructure. EMC helps organizations of every size around the world keep their most essential digital information protected, secure, and continuously available.
About EMC
EMC Corporation (NYSE: EMC) is the world leader in products, services and solutions for information management and storage that help organizations 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 http://singapore.emc.com.
