EMC Acquires Kashya
Hopkinton, Mass.-Tuesday, May 9, 2006 -- EMC Corporation, the world
leader in information management and storage, today announced that
it has acquired Kashya, a privately held provider of
enterprise-class data replication and data protection software. The
San Jose, California-based company was acquired in a cash
transaction valued at approximately $153 million. The acquisition
is not expected to have a material impact on revenue and EPS for
2006. Kashya will be integrated immediately into the EMC Software
Group.
Dave DeWalt, President, EMC Software Group, said, Information
protection is a chief concern for customers today. By combining
Kashyas rich portfolio of heterogeneous replication software with
our industry leading virtualization and continuous data protection
technologies, EMC is enhancing the markets broadest set of
capabilities for virtualizing and safeguarding the worlds
information.
Laptop Battery Todays acquisition expands our market and gives us key
technology to extend our share of growing and strategic information
infrastructure markets, DeWalt added. Beyond the complementary
nature of its products and partner ecosystem with that of EMC,
Kashya represents immediate technology infusion in the areas of
storage virtualization, recovery management and heterogeneous
replication while bringing key technologies to EMC for future
development. Additionally, Kashyas Israel-based R&D operation
forms the core of the new, innovative EMC Israel Software
Development Center, creating new center of excellence for EMC
software development.
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Thinkpad Michael Lewin, Kashya CEO and Co-founder, said, The combination
of Kashya and EMC is a natural fit, and will enable us to achieve
our ultimate vision and capture our full market potential. Joining
EMC, the market leader, gives us the chance to scale out our
technology faster and fortifies our leadership position in the
emerging field of network-based data replication and data
protection.
year career in sales and marketing with Hewlett Packard and Apollo Computer. He is a graduate of MIT with a bachelor's degree in electrical engineering and computer science and has an MBA from the Harvard Business School. Bill is currently on the boards of Lumigent, Red Hat, and WildTangent. He previously served on the boards of Alias Research (acquired by SGI), Avid Technology, CheckFree, Clarus, Course Technology (acquired by Thomson), Gateway Design Automation (acquired by Cadence), Mainspring Communications (acquired by IBM), MapInfo, Open Market (acquired by divine), Raptor Systems (acquired by Axent, now part of Symantec), Reflectent (acquired by Citrix), SightPath (acquired by Cisco), Spyglass (acquired by Open TV), Student Advantage and Tenth Planet (now part of Mattel).
Microsoft Kashya disaster recovery and snap replication technology will
augment EMC Invista, EMCs flagship network-based block storage
virtualization solution. Kashya also brings its market-leading
continuous data protection (CDP) technology to EMC to be used as
the engine in future releases of EMC RecoverPoint software.
Finally, through its current product set, Kashya allows EMC to
expand its software portfolio for remote replication across
heterogeneous environments.
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Laptop Computers This broad connection across EMCs product offerings further
enhances EMCs lead in bringing information lifecycle management
(ILM) to life for customers through open software. Customers
achieve ILM in large part through software-enabled intelligence. As
the worlds seventh largest software provider, EMC accelerates ILM
by integrating open software with the storage and application
infrastructure and adding intelligence, flexibility and built-in
protection to store information intelligently, manage information
resources, protect information and share information through
collaborative processes.
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Laptop Computer About EMC
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Desktop Computer EMC Corporation (NYSE: EMC) is the world leader in products,
services and solutions for information storage and management that
help organizations extract the maximum value from their
information, at the lowest total cost, across every point in the
information lifecycle. Information about EMCs products and services
can be found at www.EMC.com.
Notebooks Source: EMC
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