EMC acquires TwinStrata – innovation through acquisition

Post by Colm Keegan (thank you)

During EMC World this past May, EMC CEO Joe Tucci stated that EMC’s dual innovation strategy will consist of dedicating 10% of their annual revenues towards R&D and acquisitions. True to his word, EMC announced today that they have acquired TwinStrata. TwinStrata’s CloudArray software technology enables businesses to seamlessly attach their on-premise applications with cloud storage from providers like Amazon, Microsoft, Google and RackSpace. The idea is that organizations can use solutions like the CloudArray software product to create a low cost tier of storage in the cloud to decrease costs, improve data resiliency and to federate access to information on a global scale.

Read on here

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