EMC is buying network systems management software vendor Smarts for $260 million.
After the acquisition, Smarts - also known as System Management Arts - will be integrated into EMC's software group. "This acquisition is about market expansion, innovative technology and growth," said EMC head Joe Tucci. "Smarts represents a strategic acquisition for EMC in a complementary, growing market - network systems management."
Smarts' software includes Smarts InCharge, which automatically pinpoints problems, calculates their impact and presents logical action plans to keep business services running. EMC said it will incorporate the technologies into future storage management software products.
Shaula Alexander-Yemini, founder and CEO of Smarts, said the deal is good for the company and its customers. "This is the right move at the right time for Smarts. EMC and Smarts share a complementary vision for the increasing importance of infrastructure management, sell to the same large enterprises and service providers and a have mutual respect for each others' culture of innovation.
"With the help of EMC, Smarts now has at our disposal the resources to realise the full potential of our technology and bring a broader set of products to a larger customer base much faster," he said.
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