EMC Acquires Astrum Software
EMC has announced it will acquire Astrum Software
April 20, 2003
Regarding its ninth software acquisition since the beginning of 2000, EMC has announced it will acquire Astrum Software, a privately held supplier of Storage Resource Management (SRM) software for storage environments. The acquisition includes 30 employees and the company's storage management software. Astrum Software's products are optimized for automated file management, file-level reporting, and capacity utilization in small and midsized networked storage environments. EMC will use Astrum Software's products and technology to help expand its line of storage management software.
Erez Ofer, EMC's executive vice president of open software operations, said, "Astrum Software will help us provide our mid-tier customers with a more comprehensive view of their storage resources and further simplify the implementation and management of networked storage." The acquisition won't affect Astrum Software's existing OEM relationship with Overland Storage, which supports EMC's acquisition of Astrum Software. Financial terms of the acquisition weren't released.
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