by CIO Staff

EMC Buys Storage Software Provider Kashya for $153M

May 10, 20061 min

EMC, the Hopkinton, Mass.-based data storage hardware firm, is buying Kashya, a provider of data recovery and security solutions, for $153 million, the Associated Press reports via the Boston Herald.

The acquisition is the most recent in an ever-expanding line of purchases meant to better position EMC in the data storage software and services space, according to the AP.

San Jose, Calif.-based Kashya will immediately merge with EMC’s software division, the AP reports.

For related news coverage, read EMC Expands Strategy, Targets IBM and EMC Revenue Up on Storage Sales, Profit Flat.

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