NEC Corp. and EMC Corp. are expanding their partnership to develop, produce and sell new data storage technology and products, both sides said Wednesday.
The Tokyo-based electronics maker and the U.S. data storage company will license technologies from each other for new products made by both companies, they said.
They will jointly develop ways to manage and store data to help customers better address regulatory compliance and security. It plans to market the products globally, focusing on Japan, they said.
“Today’s agreement combines NEC’s capabilities with EMC’s best-of-breed solutions to extend a common vision for the future of information technology,” said EMC Chief Executive Joe Tucci, who appeared with the NEC president in a joint news conference.
The deal will allow the companies to join forces in selling information-management products in Japan, they said.
“EMC and NEC are strengthening their alliance to take better advantage of each company’s innovation and market strengths,” said Kaoru Yano, president of Tokyo-based NEC.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.