EMC daddy Tucci: YES, there has been too much internal 'friction'

EMC uber-CEO Joe Tucci has admitted that it has been a mistake to allow too much competition inside the federation, which must be music to activist shareholders' ears. The admission came at the Wells Fargo Tech, Media and Telecom Conference in New York last week. Wells Fargo EMC Tucci was asked: "Can you... talk about how …

[Anonymous Coward]

Slippery Slope

Why not spin out Documentum next ?

Where does it end ? What about GreenPlum ?

[Alan Thompson]

VMware - stay free (independent) or die

If VMware were to lose any level of autonomy, there would be an even more profound and accelerated exodus to the "free" (beer) offerings and the public/private clouds.

[Trevor_Pott]

And where are all the angry commenters who so vociferously denied "friction" internal to the federation companies, or between them? "Oi, Trevor, yer daft" it was said. "You obviously have an axe to grind" I was told.

Harrumph!

[StorageEngineer]

Acquisition is EMC's mojo

EMC is in business due to it's unbeatable acquisition strategy. I don't think there is any other company (even non-IT) which does such quality acquisitions (Vmware, RSA, data domain, isilon etc) and execution after that! Tucci is the man! He knows how to run the business. Perhaps it will not be wrong to say that he better than most CEOs of big giants like IBM/CISCO/HP.

Asking for spin off from EMC is like taking away their mojo! Spin off will give short term benefit but long run it will not be good....

[Trevor_Pott]

Re: Acquisition is EMC's mojo

The problem isn't "spin off" or "don't spin off" (unless you're an activist shareholder looking to liquidate the company.) The problem is "shit or get off the pot".

The EMC federation is notorious for having spectacularly hostile internal politics within each of the companies, and viciously brutal inter-company politics as well. They do not act like a joined up federation of companies working towards a common set of goals. They are - to put it bluntly - the worst managed chaebol in history.

So either spin the companies off into their own affairs where they can compete openly and freely amongst eachother (and thus set about maximizing their own profits) or properly organize the chaebol so that there is no overlap.

Compete with one another or compliment one another. But this coopetition thing is hamstringing profits and market share alike.