Legato Up for Grabs
The midrange backup and storage management vendor is for sale, but no buyers are close to an announcement, say industry watchers.Midrange backup and storage management vendor Legato Systems Inc. is for sale, but no buyers are close to an announcement, industry watchers said Friday. "They are always in perpetual discussions with others. Theyve been cheap for two years. Theres no imminent deal," said Steve Duplessie, founder and senior analyst at Enterprise Storage Group Inc., in Milford, Mass. Officials of Legato, in Mountain View, Calif., were not available for comment. Legato sells the popular NetWorker backup suite and DiskXtender/EmailXtender management tools. For backup products it competes against Veritas Software Corp. and IBMs Tivoli group, while all major disk array, SAN, and switch companies compete in the management software arena.
EMC Corp. and IBM are Legatos main suitors, industry watchers say. "I thought EMC should have done it a year ago," ESGs Duplessie added. Officials of Armonk, N.Y.s IBM declined comment; officials of EMC, in Hopkinton, Mass., and Veritas, also in Mountain View, said they do not comment on rumors.