EMC to acquire Indian security software company
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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.
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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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DECEMBER 21, 2004  - In a move aimed at bolstering its product line, storage vendor EMC Corp. is buying SMARTS Inc.
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Data storage firm EMC Corp. said Tuesday it agreed to purchase Smarts Inc., a privately held maker of event automation and network systems management software, for about $260 million in cash.
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Santa has really been working hard this year as he delivered a number of major software presents to eager buyers. The latest sees leading storage vendor EMC Corporation making the latest in a long line of software acquisitions as it grabs SMARTS Inc.
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Security software maker announces plans to acquire Hacker Safe transaction certifier in a cash deal worth approximately $51 million.
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EMC Corp. on Monday announced the availability of its new Documentum Enterprise Content Integration (ECI) Services, enabling end-users to expand the discovery and management of content from internal and external data sources.
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RSA Security Inc., a provider of security software and hardware for networks, on Friday said its shareholders approved the company's $2.1 billion acquisition by data storage provider EMC Corp.
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Deal valued at about $175 million adds to products offered by EMC's information security division.
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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.
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Acquisition of consumer-authentication specialist designed to augment services offered by EMC's security division, RSA.
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EMC Corp. EMC.N and Cisco  Systems Inc. CSCO.O on Monday said they have agreed to a  tentative deal in which Cisco will resell EMC's centralized  network storage equipment to manage data in branch offices.
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Computer Associates International will acquire identity management software supplier Netegrity in an all-cash transaction valued at $430m (Â£241m).
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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.The service will become part of EMC's Fortress hosted services and will offer RSA-level security, a capability that was not available when the product was owned by BDS and marketed as Mozy Professional. The solution includes integrated key management, authentication and authorization security. Over time, EMC will offer other SaaS solutions, according to officials.The EMC solution will compete directly with Iron Mountain's DataDefense backup and recovery SaaS service. However, EMC lacks a key capability that Iron Mountain offers, according to Adam Couture, a principal analyst with Gartner. "DataDefense encrypts everything on the laptop," said Couture. "MozyEnterprise does not have this capability."An EMC spokesperson confirmed this, saying that data is encrypted once it leaves the laptop or desktop and is stored by EMC.The company will either have to develop the encryption capability on its own or partner with another company in order to be competitive, but the fact that GE used Mozy Professional before the acquisition and is apparently staying with the product from EMC gives EMC enterprise credibility, he added.Pricing for a desktop/laptop is $5.25 per month per desktop/laptop plus $0.70 per gigabyte protected. Windows server pricing is $9.25 per month per supported Windows server plus $2.35 per month per gigabyte protected.
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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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EMC introduced updated VMware products that include backup technologies it gained with last year's purchase of Avamar Inc.
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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.