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Hopkinton, Massachussetts: Information management and storage provider EMC Corporation, revealed plans to acquire Avamar Technologies, Inc., a provider of enterprise-class data protection software for approximately $165 million.
According to a press release from EMC Avamar advances its core strengths in information protection and recovery management, changing the way customers protect their data and accelerating the widespread move from tape to disk-based recovery solutions.
Mark Sorenson, EMC Senior Vice President, Information Management Software, said, “The overwhelming value proposition of backup-to-disk is getting stronger by the day. Most recently, the limitations of tape-based backup have inspired the creation of new technology such as data de-duplication to significantly alter the cost and efficiency equation for disk-based backup. Avamar is acknowledged as the industry’s best at helping customers transcend the shortcomings of traditional tape-based methods, thereby accelerating the ongoing shift to disk as the de facto backup and recovery medium.”
“From the very beginning, we’ve had a clear vision of completely transforming how customers backup and protect their information,” said Ed Walsh, CEO of Avamar. “Avamar was first to market with global data de-duplication technology. As a result, our market traction has been exceptional with customers around the globe. Joining EMC will allow us to take our vision to the next level and accelerate adoption of this disruptive technology.”
“Companies are making significant investments today to improve their methods for data protection and data recovery,” said John McArthur, Group Vice President and General Manager at IDC.
Avamar’s software utilizes patented data de-duplication technology to backup data once – and only once – on a global basis. Avamar identifies redundant data segments at the source, thereby reducing the amount of network bandwidth used and data stored. Using this and other patented Avamar technology, customers can achieve an industry leading 300:1 daily data reduction in real-world applications.
Upon completion, Avamar will be integrated into EMC’s Storage Product Operations (SPO) group.
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