EMC to buy virtualization specialist Rainfinity
EMC Corp. is to acquire Rainfinity Inc., a network file virtualization software vendor, the storage giant announced Wednesday. The move is part of EMC's ongoing strategy to reposition itself as an information infrastructure company as laid out by the company's executives earlier this month at the firm's annual analyst day in New York. The move also fleshes out EMC's storage virtualization product portfolio.
The deal is valued under US$100 million and will likely close by the end of this month, according to an EMC release. Privately held Rainfinity is based in San Jose, California, and has 60 employees. The company's RainStorage software virtualizes Windows, Unix and Linux file systems across heterogenous network attached storage systems and file servers, making the disparate devices appear to be a single unit. The technology both simplifies management and makes it easier for users to carry out data migration.
EMC already has a product for SAN (storage area network) virtualization, known as Invista, which debuted earlier this year. However, EMC President and Chief Executive Officer Joe Tucci made it clear at the analyst day on Aug. 4 that he doesn't expect the storage virtualization market to take off until late 2006 at the earliest.
IDG News Service
Symantec Backup Exec 12 and Backup Exec System Recovery 8 deliver industry leading Windows data protection and system recovery. Download this whitepaper to find out the top reasons to upgrade and how to get continuous data protection and complete system recovery.
Data and system loss — from a hard drive failure, malicious attack, natural disaster, or simple human error — can happen anytime. Don’t leave your business vulnerable. Make sure you have a secure recovery strategy in place. Symantec's latest backup and system recovery technology can efficiently restore critical applications, individual emails and documents and even restore your entire system in minutes in the event of a loss.
Businesses face a growing challenge to ensure that the IT environment is properly protected. Backup Exec 12 integrates with other applications in the Symantec family of products, to complement your current data protection strategy, keep your data securely backed up and make it recoverable when you need it most.
Enterprise 2.0 Implementation
By Aaron C. Newman, Jeremy Thomas
Published by McGraw-Hill
Learn more!
Deploying Cisco Wide Area Application Services
By Zach Seils, Joel Christner
Published by Cisco Press
Learn more!
