Veritas Acquires Invio for $35 Million
The storage software maker says it plans to extend Invio's process engine beyond the storage realm.
In a move to improve its ability to tie together and standardize the provisioning of storage-based utility computing services, Veritas Software Corp. purchased Invio Software Inc. on Wednesday in an all-cash deal totaling $35 million. Invio Software, a privately-held company based in Los Altos, Calif., offers an IT process automation engine that allows customers to customize out-of-the box templates to manage and deliver multiple service offerings. As a result of a prior partnership, the recently released Veritas CommandCentral Service 4.0 storage management platform already features the embedded Invio process engine, said officials of Mountain View, Calif.-based Veritas.
Click here to find out how Veritas plans to help enterprises readdress their storage infrastructures.
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