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EMC to acquire Rainfinity

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CIOL Bureau
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HOPKINTON: EMC Corporation, the world leader in information management and storage, today announced it has signed a definitive agreement to acquire Rainfinity.

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San Jose, California-based Rainfinity is a provider of virtualization solutions for heterogeneous networked attached storage (NAS) and file system environments. The acquisition, valued at less than $100 million, is expected to be completed by the end of August.

Howard Elias, EMC executive vice president, Corporate Marketing and Office of Technology, said, "The rapid growth of unstructured file-based information, along with the rising complexity of its management, have customers demanding the same high utilization rates in their NAS and file system environments that they have come to expect from SANs.”

"With the addition of Rainfinity," Elias added, "EMC is extending the benefits of virtualization to EMC and non-EMC NAS environments to enable more comprehensive information lifecycle management solutions, better resource management and overall operational improvement."

Rainfinity's Network File Virtualization technology facilitates full read/write access to Windows, Linux and Unix-based files during system migrations, regardless of where the data resides and with no threat of data loss.

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