EMC Corporation Acquires XtremIO

Published On May 16, 2012 |

EMC Corporation (NYSE: EMC) has acquired San Jose, Calif.- and Herzliya, Israel-based Flash storage company XtremIO.

The amount of the transaction was not disclosed.

The addition of XtremIO enhances and broadens EMC’s Flash storage portfolio and extends its lead in developing and delivering networked storage infrastructures that are dynamically optimized for performance, intelligence, and protection for both physical and virtualized cloud environments.

Led by Chairman and Chief Executive Officer Joseph M. Tucci, EMC Corporation helps businesses transform their operations and deliver IT as a service. It provides them with innovative products and services to accelerate their move to cloud computing to store, manage, protect and analyze their most valuable asset — information — in a more agile and cost-efficient way.

FinSMEs

15/05/2012

Related News
06/06/2011 XtremIO Raises $14M in Funding
05/12/2011 XtremIO Closes Extended Series B Funding Round with Lightspeed Venture Partners
11/11/2011 Israel, XtremIO Receives Series A Funding from JVP and Giza

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