EMC saw turnover and profit rise in its second financial quarter despite a tough storage market.
In the quarter ended 30 June, turnover grew by 33 per cent to $952 million compared to the same period last year, with net profits up 47 per cent to $189 million.
Michael Ruettgers, EMC's president and CEO, said that the company's software business grew by 140 per cent, and claimed that made it one of the fastest growing software companies in the world.
He said: "Sharply increased demand for EMC Enterprise Storage software supports our expectation that customers have a need for advanced solutions to protect, manage and share their critical information."
Those products include Timefinder, EMC Data Manager and Powerpath.
Sales from the Symmetrix storage systems with Fibre Channel accounted for $170 million in its second quarter.
The news is bound to fuel speculation that EMC will acquire other companies in the same business. One target could be Data General's Clariion business, widely expected to be on the auction block by next year.
Ruettgers said that EMC maintained a two-year technology lead over its competitors and that all the evidence was that large corporations were consolidating around Windows NT.
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