Close
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Applications
    • Applications
    • Cybersecurity
    • Storage

    EMC to Buy Network Intelligence for $175 Million

    By
    Scott Ferguson
    -
    September 18, 2006
    Share
    Facebook
    Twitter
    Linkedin

      Storage giant EMC announced Sept. 18 that it has agreed to purchase Network Intelligence for $175 million, and it has also completed its $2.1 billion acquisition of RSA Security.

      Hopkinton, Mass.-based EMC, now the sixth largest software company in the world, has been on a buying spree lately.

      In addition to RSA and Network Intelligence, the company has picked up Interlink Group, nLayers, and ProActivity in just the past few months.

      Although some analysts have questioned the value of the $2.1 billion—$28-per-share—purchase of RSA, the move was expected to help EMC by offering better security for its storage solutions.

      The RSA board on Sept. 14 gave its final approval for the acquisition. The new EMC security division will continue under the RSA name. Art Coviello, the former RSA CEO, will head the division. Coviello is now the executive vice president at EMC and president of RSA, and he will report directly to EMC Chairman Joe Tucci.

      The purchase of Network Intelligence, which will also add to a new security information section within EMC, is expected to be complete by the end of the Sept. 18 business day, according to EMC officials.

      /zimages/1/28571.gifClick here to read more about how EMC must integrate the new technology it has acquired in order to succeed.

      In addition to the finalization of the two acquisitions, EMC said that it begun to offer EMC Infoscape software and related EMC Information Management Strategy Service.

      The new software solution will now allow users to “search all corporate information in file systems, automatically classify information based on business value, manage the retention of unstructured information for compliance and facilitate policy-based and automated data migration across a tiered storage infrastructure,” EMC officials said.

      EMCs Information Management Strategy Service is a new consulting program through EMCs Global Services. The service will give users advice on policies, best practices and procedures.

      The EMC Infoscape software will be available starting in October 2006. The base model is $125,000 and the capacity licensing starts at $9,000 per terabyte. The strategy service is available immediately, with prices based on a specific arrangement with EMC.

      /zimages/1/28571.gifCheck out eWEEK.coms for the latest news, reviews and analysis on enterprise and small business storage hardware and software.

      Scott Ferguson

      MOST POPULAR ARTICLES

      Cybersecurity

      Visa’s Michael Jabbara on Cybersecurity and Digital...

      James Maguire - May 17, 2022 0
      I spoke with Michael Jabbara, VP and Global Head of Fraud Services at Visa, about the cybersecurity technology used to ensure the safe transfer...
      Read more
      Cloud

      Yotascale CEO Asim Razzaq on Controlling Multicloud...

      James Maguire - May 5, 2022 0
      Asim Razzaq, CEO of Yotascale, provides guidance on understanding—and containing—the complex cost structure of multicloud computing. Among the topics we covered:  As you survey the...
      Read more
      Big Data and Analytics

      GoodData CEO Roman Stanek on Business Intelligence...

      James Maguire - May 4, 2022 0
      I spoke with Roman Stanek, CEO of GoodData, about business intelligence, data as a service, and the frustration that many executives have with data...
      Read more
      Applications

      Cisco’s Thimaya Subaiya on Customer Experience in...

      James Maguire - May 10, 2022 0
      I spoke with Thimaya Subaiya, SVP and GM of Global Customer Experience at Cisco, about the factors that create good customer experience – and...
      Read more
      IT Management

      Intuit’s Nhung Ho on AI for the...

      James Maguire - May 13, 2022 0
      I spoke with Nhung Ho, Vice President of AI at Intuit, about adoption of AI in the small and medium-sized business market, and how...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2021 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×