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EMC To Acquire Rainfinity

  • 18 August, 2005 11:03

<p>Addition of Leading Network File Virtualisation Technology to EMC Portfolio Will Enable More Comprehensive ILM, Better Resource Management</p>
<p>SYDNEY, Australia, Aug. 18, 2005 – EMC Corporation, the world leader in information management and storage, today announced it has signed a definitive agreement to acquire Rainfinity. Based in San Jose, California, privately held Rainfinity is a leading provider of virtualisation solutions for heterogeneous networked attached storage (NAS) and file system environments. The acquisition, valued at less than US$100 million, is expected to be completed by the end of August.</p>
<p>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 utilisation rates in their NAS and file system environments that they have come to expect from SANs. Rainfinity is the industry’s first standards-based solution available today that virtualises Windows, Unix and Linux file systems, giving customers improved total cost of ownership across all of their heterogeneous NAS and file server platforms.</p>
<p>“With the addition of Rainfinity,” Elias continued, “EMC is extending the benefits of virtualisation to EMC and non-EMC NAS environments to enable more comprehensive information lifecycle management solutions, better resource management and overall operational improvement.”</p>
<p>Rainfinity’s Network File Virtualisation technology provides for 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. Customers leverage Rainfinity’s heterogeneous NAS and file server virtualisation to achieve a broad set of benefits including increased networked storage utilisation, non-disruptive upgrades, optimised performance and accelerated networked storage consolidation.</p>
<p>John Schroeder, CEO of Rainfinity said, “We are thrilled to be joining the industry leader in ILM and networked storage and are excited by what the combination will mean to our customers and to the future of NAS and file server management. We’ve spent years developing the unique stateless architecture that is at the core of our file virtualisation technology. It ensures scalability, data integrity and ease of deployment for extremely large and complex network file environments.”</p>
<p>EMC has brought together the most comprehensive portfolio of solutions and related software, platforms and services to help customers drive the highest levels of value from ILM. In the past six months, EMC has introduced high-end NAS solutions that set a new standard for performance and availability. According to IDC, EMC is the worldwide revenue leader in networked storage systems and storage software, and EMC is #1 in network attached storage (NAS) revenue, having captured 37.9 per cent revenue share in the first quarter of 2005. [a]</p>
<p>About EMC</p>
<p>EMC Corporation (NYSE: EMC ) is the world leader in products, services and solutions for information management and storage that help organisations extract the maximum value from their information, at the lowest total cost, across every point in the information lifecycle. Information about EMC’s products and services can be found at anz.emc.com.</p>
<p>[a] IDC Worldwide Quarterly Disk Storage Systems Tracker, June 2005; IDC Worldwide Quarterly Disk Storage Software Tracker, June 2005</p>
<p>EMC is a registered trademark of EMC Corporation. All other trademarks are the property of their respective owners.</p>
<p>CONTACTS:</p>
<p>Selena Adams
Marketing Communications Manager
EMC
+61 2 9925 7942
+61 0404 085 673
adams_selena@emc.com</p>
<p>Marty Filipowski/Daniel Fitzpatrick
Spectrum Communications
+61 2 9954 3299
martyf@spectrumcomms.com.au
danielf@spectrumcomms.com.au</p>

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