EMC to acquire Indian security software company
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(InfoWorld) - EMC has signed a definitive agreement to acquire Valyd Software, a Hyderabad, India, vendor of software for securing enterprise data. EMC did not disclose the sum it will pay for Valyd, a privately held company. Valyd's software will be brought into RSA, the security division of EMC that was set up last year to integrate products from itsÂ acquisition of RSA SecurityÂ andÂ Network Intelligence. The acquisition is expected to close in the first quarter, the Hopkinton, Massachusetts, vendor of storage management and security software said Tuesday. Valyd's technology for encrypting and securing data at the database and file system level will lead to the introduction of two new products from the RSA division, after the acquisition is complete, said Manoj Chugh, president of EMC India, on Wednesday. RSA Database Security Manager will address security of data on a variety of database management systems, while RSA File Security Manager will secure data security at the file and folder level, Chugh said. A focus of the RSA division is on products that manage and secure enterprise-wide information assets regardless of where they resides on the network, Chugh said. Valyd's technology, which runs on a large variety of operating systems and database systems, fitted well into the strategy of the RSA division, he added. Valyd Software was set up in 1998 to develop software to secure enterprise data. The company has over 50 staff in Hyderabad, which will be increased to 100 by the end of this year, Chugh said. The Hyderabad operation will focus on the development and enhancement of the new security products, he added. Indian product companies have emerged as acquisition targets for multinational companies. Oracle Corp., for example, has acquired a majority stake in Indian financial software company, i-flex Solutions Ltd. "India was until now perceived as a low-cost location for outsourcing work, rather than as a place where you could find top quality innovation and intellectual property," Chugh said.
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Storage vendor EMC has reached an agreement to acquire Smarts, a provider of event automation and real-time network systems management software.
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Acquisition of consumer-authentication specialist designed to augment services offered by EMC's security division, RSA.
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It's rich, it's sophisticated EMC is buying a document management software firm for $85m.â¦
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EMC Corp.  is working on security  products that would work with VMware Inc  software, EMC  Executive Vice President Arthur Coviello said on Thursday.
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InfoWorld - Leveraging its October 2007 purchase of Berkeley Data Systems [BDS], EMC announced this week that it will offer an enterprise backup and recovery solution, MozyEnterprise, over a hosted SaaS platform for desktops, laptops, and remote servers.
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The Symantec Corp, a leader in security software and one of Silicon Valley&#39;s oldest companies, announced early Thursday that it would acquire Veritas Software, a maker of data storage programs, to create the world&#39;s fourth-largest software company.
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(InfoWorld) - There was a time when EMC was considered a rather staid tech company in a boring, if profitable market: storage. No longer. With regulations bearing down on enterprises, EMC is now a major player in areas such as security and content management. That change was evident last week, as EMC wrapped up its massive, $2.1 billion acquisition of RSA and announced that it was buying yet another security company: Network Intelligence, for $175 million. Network Intelligence produces enVision, a data management product that aggregates information such as log files, applications, hosts, and network devices. The company and its products will be added to EMCâs new security division, which will be located at RSAâs campus in Bedford, Mass. RSAâs identity management, access management, and data encryption products will be the heart of EMCâs âinformation-centric security strategy,â CEO Joe Tucci said in a statement. Network Intelligenceâs wares will allow EMC to offer customers compliance and security policy management tools as part of that strategy. EMC also showed some progress in integrating past acquisitions. Infoscape, unveiled on Monday, is a data storage management product that ties together technology from EMCâs purchase of Documentum and Legato in 2003, as well as Smarts in 2005. The product works with EMCâs Celerra storage environment and DART OS and allows customers to organize unstructured documents such as spreadsheets, presentations, and word processing files.ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
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EMC joined an end-of-year software acquisition spree Tuesday when it agreed to acquire network management software maker Smarts Inc.
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Ziff Davis - EMC's latest tech acquisition could make the vendor's SAN management software the top of the heap, analysts say. The move could spark a software buying spree among competitors.
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Confirming Macworld UK&#39;s report earlier this week, EMC has acquired Retrospect backup software publisher, Dantz Development Corp.
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SaaS buddies EMC may partner with German software giant SAP to develop a suite of web hosted storage and application services.â¦
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Deal valued at about $175 million adds to products offered by EMC's information security division.
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EMC scored a triple-play with the acquisition of Dantz Development, a small developer of data backup and restore software under the Retrospect brand.
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Computer Associates has signed a definitive agreement to acquire Netegrity -- a provider of security software solutions, in an all cash merger valued at approximately $430 million.
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EMC and SAP are reportedly developing plans to jointly create a platform for delivering hosted software services.
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Computer Associates plans to buy security software firm Netegrity, in a deal valued at $430 million (Â£241m). The acquisition will strengthen the firm&#39;s position in the IT security market and builds on last