- More porn sneaks onto the iPhone
- 'Swatting' case shows need to ban caller-ID spoofing
- Why the iPhone can't be "killed"
- Nortel enterprise chief wants to bring back Bay
- US sets final emergency responder wireless pilot
EMC today acquired online backup provider Mozy to bolster its data protection offerings, according to sources.
According to a post on TechCrunch, EMC picked up Mozy for $76 million.
Mozy provides two software services, Mozy and Mozy Pro, which let users back up their Windows of Macintosh PCs for a flat fee of $4.95 per month; Mozy Pro is software for enterprise users that starts at $.50 per GB and a flat fee of $395 per month.
Mozy and Mozy Pro provides near continuous data backup of user’s files every two hours. If users lose data, they can recover it over Mozy servers, based in Utah.
Online backup services fit well into EMC’s data protection strategy. CEO Joe Tucci hinted at EMC’s intent to offer online backup services earlier this year in a quarterly earnings call. "In software-as-a-service, we have nothing yet, but stay tuned -- we will launch an offering here soon,” Tucci said. “When you think of the backup and recovery space, we'll have an alternative for customers. Rather than saying here's your hardware, software, and services, [we can say] we'll charge by the drip, and host all of that for you."
Berkeley Data Systems, the owner of Mozy, was founded in 2005 and is funded for $1.9 million by Wasatch Partners, Tim Draper and Novell co-founder Drew Major.
EMC declined to comment.
The powerful tape technology can address data security with tape encryption as well as long term data protection.
Discover what disk and tape really cost and which solution provides lower total cost of ownership and optimizes energy use for your organization
The Clipper Group explores the truth behind the myths of tape, digging into the misconceptions in the disk vs. tape debate.
An examination of information security issues, methods and securing data with LTO-4 tape drive encryption
The Leader in Network Knowledge
Partner Content
Explore the Ultrium Edge
The powerful tape technology can address data security with tape encryption as well as long term data protection.
Find Out More
Disk and Tape Square Off
Discover what disk and tape really cost and which solution provides lower total cost of ownership and optimizes energy use for your organization
Download this White Paper
Don't Fall for the Myths
The Clipper Group explores the truth behind the myths of tape, digging into the misconceptions in the disk vs. tape debate.
Review this information
information examination
An examination of information security issues, methods and securing data with LTO-4 tape drive encryption
Read this analysis
Comments (3)
great deal.By Anonymous on December 1, 2007, 9:59 pmA professional review of the best business online storage / online backup services can be found at: http://backupreview.googlepages.com/
Reply | Read entire comment
great valuationBy Anonymous on September 26, 2007, 2:26 pmThat is a great valuation! I am surprised such a small company can worth such a lot. Now, I guess companies like DriveHQ.com, Carbonite, Xdrive, Streamload will...
Reply | Read entire comment
RE: EMC acquires online backup provider MozyBy john minett on September 24, 2007, 5:29 pma colleague of mine sent this to me. I am a subscriber to network world. how did I miss this?
Reply | Read entire comment
View all comments