EMC sells Syncplicity to focus on core storage business

Investment firm Skyview Capital plans to keep evolving the file-sharing system

EMC is selling its Syncplicity file-sharing and collaboration business to private investment company Skyview Capital for an undisclosed sum.

EMC bought Syncplicity in May 2012 in response to the growth of mobile computing and bring-your-own-device policies in enterprises. Syncplicity is one of a host of cloud-based file services, including Box, Dropbox and Google Drive, that have emerged in the past few years. It's available for iOS and Android as well as PC operating systems.

In the three years it owned Syncplicity, EMC adapted the system so enterprises could use it for access to data in their own storage systems. The company also added central controls over how specific types of files could be shared and with whom.

But continuing to evolve Syncplicity and keep it competitive in the file-sharing industry would divert EMC's attention from its core enterprise storage business, EMC said in a press release. The sale will help its storage division, EMC Information Infrastructure, focus its investments on that core business.

EMC will retain a financial interest in Syncplicity after the sale and will continue to sell Syncplicity as part of the EMC Select partner program, the company said. The deal is expected to close this month.

Skyview said it plans to invest heavily in Syncplicity and continue to enhance it. The purchase gives Skyview a chance to accelerate innovation and attract a broad ecosystem of partners and resellers, the investment company said.

EMC has expanded its scope well beyond its core enterprise storage systems business in recent years, becoming a "federation" of storage, virtualization (VMware), security (RSA Systems) and big data (Pivotal). That model has come under fire recently from investors who think the company should be split up.

Skyview, based in Los Angeles, has a small portfolio of technology companies that includes carrier network vendor NewNet, Tekelec Mobile Messaging and secure transaction processing company Traxcom.

Stephen Lawson covers mobile, storage and networking technologies for The IDG News Service. Follow Stephen on Twitter at @sdlawsonmedia. Stephen's e-mail address is stephen_lawson@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Mergers and acquisitionsinternetbusiness issuesstorageemcInternet-based applications and servicesSyncplicitySkyview Capital

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Stephen Lawson

IDG News Service
Show Comments

Cool Tech

Toys for Boys

Family Friendly

Stocking Stuffer

Logitech Ultimate Ears Wonderboom Bluetooth Speaker

Learn more >

SmartLens - Clip on Phone Camera Lens Set of 3

Learn more >

Christmas Gift Guide

Click for more ›

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Maryellen Rose George

Brother PT-P750W

It’s useful for office tasks as well as pragmatic labelling of equipment and storage – just don’t get too excited and label everything in sight!

Cathy Giles

Brother MFC-L8900CDW

The Brother MFC-L8900CDW is an absolute stand out. I struggle to fault it.

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?