Tuesday, 25 September 2007

EMC Buys Online Storage Service Provider

EMC, a US based storage company has acquired Berkeley Data Systems USD 76 million. Berkeley Data Systems is a Utah-based firm that offers subscription backup plans for free or as little as USD 3.95 per month

Although the deal is more or less done, neither EMC nor Berkeley spoke anything about the deal.

The deal gives EMC a role in online data backup, a measure EMC President and Chief Executive Officer Joe Tucci alluded to on Feb. 14 at the RSA Security conference. The privately held Berkeley Data Systems provides unlimited backup as a service that individuals can use to back up digital files—documents, photos, and video—to a secure, multi-petabyte outside server on subscription basis.

The company's main product is Mozy Home Unlimited Backup, a consumer offering of 2GB of storage for free and the unlimited backup—which includes an unlimited number of restores—for USD 4.95 per month.