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Addition of Leading Network File Virtualization Technology
to EMC Portfolio Will Enable More Comprehensive ILM, Better Resource Management
HOPKINTON, Mass. – August 17, 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 virtualization solutions for heterogeneous networked
attached storage (NAS) and file system environments. The acquisition,
valued at less than $100 million, is expected to be completed by
the end of August.
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 utilization 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 virtualizes Windows, Unix and Linux
file systems, giving customers improved total cost of ownership
across all of their heterogeneous NAS and file server platforms.
“With the addition of Rainfinity,” Elias continued,
“EMC is extending the benefits of virtualization to EMC and
non-EMC NAS environments to enable more comprehensive information
lifecycle management solutions, better resource management and overall
operational improvement.”
Rainfinity’s Network File Virtualization 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 virtualization to achieve a broad
set of benefits including increased networked storage utilization,
non-disruptive upgrades, optimized performance and accelerated networked
storage consolidation.
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 virtualization technology. It ensures scalability,
data integrity and ease of deployment for extremely large and complex
network file environments.”
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% revenue share in the first quarter of 2005. [a]
About EMC
EMC Corporation (NYSE: EMC ) is the world leader in products, services
and solutions for information management and storage that help organizations
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 www.EMC.com.
[a] IDC Worldwide Quarterly Disk Storage Systems Tracker, June 2005;
IDC Worldwide Quarterly Disk Storage Software Tracker, June 2005
EMC is a registered trademark of EMC Corporation. All other trademarks
are the property of their respective owners.
Contact:
Greg Eden
508-293-7195
eden_greg@emc.com
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