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News Article | November 16, 2008
Site: www.techcrunch.com

EMC Corporation is announcing the creation of a new subsidiary this morning called Decho (for Your Digital Echo), which has been formed from the assets of two acquisitions: Mozy (acquired in September 2007) and PI Corporation (acquired in February 2008). The new company is focused on protecting and managing personal digital data. It will continue to offer Mozy’s personal backup product and will add new products over time. The Mozy platform, which now stores over 10 petabytes of user data, has over a million users, 200,000 of which are paying customers. We were particularly impressed with its Mac product, first launched in mid-2007. There isn’t much information on what new applications the company will launch. But if PI Corp. is anything to go on, look for rich metadata and contextual information to be a part of it. PI Corp. was acquired before launching their flagship storage/backup product. But their website suggests they are far more focused on managing, organizing and searching files than simply backing them up – something Mozy never tackled. The combination of the two platforms is more than interesting.


News Article | July 8, 2008
Site: techcrunch.com

Stock in virtualization provider VMWare today dropped almost 25%, as growth expectations were lowered and founding CEO Diane Greene was replaced by the board. Prior to today, VMWare was the fourth largest software company in the world, with a market cap of over $20B. They have slipped down the list and lost $5B in value as the company struggles to match high growth expectations places on it after its much-hyped IPO almost a year ago. Greene, an original founder of the VMWare company, will be replaced by Paul Maritz as President and CEO, and he has also been assigned to the board of the company. Maritz was the founder of Pi Corporation, a cloud based storage and services provider that was acquired by EMC last year. Previously Maritz was the VP of Cloud Services at EMC, and prior to that he was a long-term executive at Microsoft. The company faces a number of fresh challenges as the virtualization market heats up with the entry of Microsoft with their virtualization platform, now built into Windows Server, and their new Hyper-V product, which will retail for only $28, fractions of the cost of a VMWare solution. VMWare: A missed opportunity for EMC? Continue reading at Techcrunch IT >>


News Article | July 8, 2008
Site: techcrunch.com

VMWare announced this morning that the board and directors have asked CEO Diane Greene to step down as President and CEO effective immediately. Greene, an original founder of the VMWare company, will be replaced by Paul Maritz as President and CEO, and he has also been assign to the board of the company. Maritz was the founder of Pi Corporation, a cloud based storage and services provider that was acquired by EMC last year. Previously Maritz was the VP of Cloud Services at EMC, so the new role at VMWare is a step up into a much larger role and much larger business. At the same time the company announced that while they are going ahead with their plan to announce earnings on the 22nd of July, they expect that the results will be below the guidance levels of 50% growth over 2007 revenues. VMWare saw over $1.3B in revenues during 2007, an increase of 53%, but at current revenues their growth rate is expected to fall at around 40% over last year. VMWare faces a number of challenges to their business outside of maintaining their growth rate. Microsoft recently released virtualization technology as part of the new version of Windows Server. To push VMWare and others out of that market, Microsoft is retailing their Hyper-V virtualization product for as little as $25 per server license. With a competitor such as Microsoft now knocking on their door, VMWare have a lot to protect and a lot to lose. On the advanced virtualization and platform side of the business, VMWare are seeing their revenues being eaten into by upstart companies such as BonBon and others. There was once a time where VMWare had a large lead in terms of both technology and market share, but in the past few years both those gaps have closed rapidly as numerous companies and other solutions have entered the market.


News Article | November 16, 2008
Site: techcrunch.com

EMC Corporation is announcing the creation of a new subsidiary this morning called Decho (for Your Digital Echo), which has been formed from the assets of two acquisitions: Mozy (acquired in September 2007) and PI Corporation (acquired in February 2008). The new company is focused on protecting and managing personal digital data. It will continue to offer Mozy’s personal backup product and will add new products over time. The Mozy platform, which now stores over 10 petabytes of user data, has over a million users, 200,000 of which are paying customers. We were particularly impressed with its Mac product, first launched in mid-2007. There isn’t much information on what new applications the company will launch. But if PI Corp. is anything to go on, look for rich metadata and contextual information to be a part of it. PI Corp. was acquired before launching their flagship storage/backup product. But their website suggests they are far more focused on managing, organizing and searching files than simply backing them up – something Mozy never tackled. The combination of the two platforms is more than interesting.


News Article | July 9, 2008
Site: www.zdnet.com

Diane Greene, co-founder, president and chief executive of virtualisation company VMware, left the company on Tuesday. The company issued adverse revenue news on the same day. VMware shares subsequently fell by $13 (£7) to $24 on the New York Stock Exchange. The company announced on Tuesday that it had "made a change in the leadership of the company" and that Greene [pictured] was to be replaced by Paul Maritz as president and chief executive "effective immediately". Maritz was also appointed to the VMware board of directors. "As one of the founders and the leader of VMware, Diane guided the creation and development of a company that is changing the way that people think about computing. The board thanks her for her considerable contributions to VMware and wishes her every success in the future," said Joe Tucci, chief executive of VMware's parent company, EMC, and chairman of VMware's board of directors. Greene had been on a one-year contract with VMware, signed just before its successful IPO in August 2007. Maritz is best known for his time at Microsoft, from which he retired in 2000, after 14 years with the company. During that period, Maritz managed the development and marketing of some of the company's major products, including such major releases as Windows 95 and Windows NT. After leaving Microsoft, Maritz founded Pi Corporation, a start-up software company focused on cloud computing. "Paul Maritz will be the man steering the [VMware] ship, and I wonder whether his experience in the cloud-computing space will impact the direction the company moves in," said Serguei Beloussov, chief executive of virtualisation company Parallels. "We see the cloud model, including software as a service and hosting, playing a prominent role in the future of IT, and virtualisation will help enable this evolution. There is clear user demand for software to be offered in this way, so it will be interesting to see whether Paul focuses on this opportunity, shifting from selling primarily to the enterprise datacentre to targeting service providers," Beloussov added. In the last paragraph of the statement announcing Greene's departure, VMware said that, while the company was "not updating guidance for Q2", it expected "revenues for the full year of 2008 will be modestly below the previous guidance of 50 percent growth over 2007".


News Article | September 29, 2008
Site: www.zdnet.com

in brief VMware chief executive Paul Maritz has revealed plans to visit Australia in mid-October. The executive took VMware's reins on 8 July this year after his company Pi Corporation was acquired by VMware parent EMC earlier this year. Maritz will attend the company's Virtualisation Forum, which will bring together over 1,200 attendees with 60 of VMware's local partners. He is also expected to speak with press and VMware staff locally. The news comes as Microsoft supremo Steve Ballmer last week revealed plans for a trip down under in early November.


Trademark
PI Corporation | Date: 2014-09-26

Electrical cables; Data cables; Audio cables; Cable connectors; Adapters; Peripherals for computers, laptops, tablet computers, mobile phones, and televisions, namely keyboards, mice, blank USB flash drives, and screen protectors; Audio and sound system devices, namely, audio speakers, audio amplifiers, audio switches, video switches, headsets for use with computers and telephones, headphones, and microphones; Charging devices, namely AC battery chargers, wireless battery chargers and battery chargers.


Patent
PI Corporation | Date: 2011-06-24

A linear measurement device for digitally providing circumference and diameter readings of an object being measured. The tail end of a tape passes by a reader element in a digital unit which is equipped electronically with the pi formula to provide selective readings of diameter in English and metric units, as well as circumference readings. The device can be employed for external (outside) and internal (inside) measurements.


Patent
PI Corporation | Date: 2015-08-28

An optical readout device for providing visual circumference and diameter readings of an object being measured by a linear tape. The tail end of the tape passes by a reader element in a digital device which is equipped electronically with the pi conversion factor to provide selective readings of diameter in English and metric units, as well as circumference readings. The device can be employed for external (outside) and internal (inside) measurements.

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