EMC snaps up FastScale Technology
By Tarry Singh at 31 August, 2009, 1:15 pm
EMC Corporation (NYSE:EMC) , the world leader in information infrastructure solutions, today announced it has acquired FastScale Technology, Inc., a privately-held, Santa Clara, California-based provider of software platforms and solutions for next generation enterprise IT — adding a new dimension to the EMC Ionix portfolio to dramatically increase the performance and scalability of private cloud infrastructures. Designed from the ground up to accelerate the journey from physical to virtual to private cloud, with the addition of FastScale, the EMC Ionix portfolio will simplify end-to-end management and maximize the performance, density and efficiency of applications and software deployed on unified infrastructures. The transaction is not expected to have a material impact to revenue or EPS for the full 2009 fiscal year.
The acquisition of FastScale extends EMC’s powerful EMC Ionix solutions for automating IT management across a unified infrastructure of storage, compute, network and virtualization resources, enabling customers to accelerate their transition from a physical to a virtualized data center to the private cloud and to maximize the value of their new enterprise IT architectures.
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