Four Acquisitions Announced in Only Two Days

There were 52 acquisitions in 2014 up to now in the worldwide storage industry or an average of five per month – six per month in 2013.

Here EMC and NetApp announced in just two days (October 27 and 28) four more deals.

EMC always has a big appetite and prefers to buy rather that develop new techonologies, acquiring a total of 78 firms since 1994. This year it also got DSSD and Twinstrata.

The price of EMC’s three acquisitions is unknown. When the amount is not revealed, it’s generally under $10 million. But it seems a rather small sum for all of them.

NetApp globally prefers to use its own R&D and does not like to spend its cash for acquisitions. They were only 14 since 2000 and Riverbed  SteelStore is the first one in 2014.

One month before the acquisition, Kash Shaikh, VP, platform marketing, Riverbed, stated: “Riverbed SteelStore has worked with NetApp to provide our joint customers with the solutions to validate, test and manage their data. Our technology, coupled with NetApp’s new StorageGRID Webscale object-storage software, provides our customers with the tools needed to take advantage of the cloud.”    

EMC acquisitions

NetApp acquisition