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Tucci Aims for 'One EMC'

Following a strong finish to 2006, EMC CEO Joe Tucci says the company will focus this year on something customers and investors have demanded -- pulling disparate pieces collected in recent years into a cohesive product line. (See EMC Reports Record Revenue and Put Away the Check Book, Joe.)

Tucci says this will be the year of integration for EMC following 22 major acquisitions over three years, including some outside of its core storage realm.

"One EMC is a huge initiative for us, huge," Tucci said today on EMC's earnings conference call. "For EMC, 2007 is the year we have to break out. The focus and execution is on deeper integration of development centers and technologies. It is our intention to not acquire any large companies in 2007."

If that sounds familiar, Tucci also said EMC was finished with acquisitions back in October -- two weeks before spending $165 million on Avamar. (See EMC Grabs Hatchet and EMC Picks Up Avamar.) Perhaps that's why he hedged a bit today, saying he would reconsider if a good enough opportunity comes along. He also said it's likely EMC will make "several tuck-in acquisitions, much like Kashya, Avamar, and Network Intelligence." Those deals cost EMC between $153 million and $175 million.

EMC reported revenue of $3.21 billion for the quarter, up 19 percent year over year and 14 percent from the previous quarter. That figure compares favorably to the company's guidance of at least $3.16 billion in the quarter.

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