EMC Swings Deals For Software Specialist ScaleIO

Law360, New York (July 11, 2013, 4:17 PM EDT) -- EMC Corp. on Wednesday revealed that it will acquire privately held ScaleIO in a cash deal that will bring server-side storage software to the cloud computing giant's repertoire.

The move bolsters EMC's portfolio of Flash products by adding ScaleIO's software to EMC's Flash suite, which it introduced earlier this year to let customers manage server-based PCIe Flash storage.

Terms of the deal were not disclosed, but the companies said Thursday that they don't expect it to impact earnings for the full 2013 fiscal year.

EMC said...
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