EMC Corporation EMC
today issued the following statement regarding the letter issued by Elliott
Management Corporation ("Elliott"):
EMC's Board of Directors regularly reviews and rigorously evaluates the
company's strategy with a view towards enhancing shareholder value. As part of
this ongoing process, the Board welcomes open dialogue with EMC shareholders
and values their constructive input. Over the past few months, EMC's
leadership has met with representatives of Elliott several times and has
listened carefully to their ideas, as we do with all of our shareholders.
In the course of its business, EMC regularly hears from customers and
partners, around the world, strong expressions of support for its strategy as
well as ability to serve their evolving range of needs in a rapidly changing
and complex IT marketplace increasingly being defined by cloud computing,
predictive big data analytics, and always-connected mobile devices.
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