EMC Acquires Start-Up Cloudscaling

Seagate was investor in cloud-computing software company.

This is a Press Release edited by StorageNewsletter.com on October 15, 2014 at 3:07 pm

To read this article from Bloomberg, click on:
EMC Acquiring Cloud-Computing Startup Cloudscaling
EMC Corp. has agreed to acquire cloud-computing startup Cloudscaling Group Inc., pushing to make its storage products work better with a set of free software tools. The deal is for less than $50 million, according to people with knowledge of the situation, who asked not to be identified because the transaction isn’t public.

Read also:
Cloudscaling Closes $10 Million Series B Funding
Partners Seagate and Jupiter new investors