EMC To Acquire Rainfinity
EMC Corporation recently announced that it has signed a definitive agreement to acquire Rainfinity, a provider of virtualization solutions for heterogeneous networked attached storage (NAS) and file system environments.
Rainfinity’s Network File Virtualization technology provides for full read/write access to Windows, Linux and Unix-based files during system migrations, regardless of where the data resides and with no threat of data loss.
Howard Elias, EMC executive vice president, corporate marketing and office of technology, said, “The rapid growth of unstructured file-based information, along with the rising complexity of its management, have customers demanding the same high utilization rates in their NAS and file system environments that they have come to expect from SANs.”
“Rainfinity is the industry’s first standards-based solution available today that virtualizes Windows, Unix and Linux file systems, giving customers improved total cost of ownership across all of their heterogeneous NAS and file server platforms,” added Elias.
According to Elias, “With the addition of Rainfinity EMC is extending the benefits of virtualization to EMC and non-EMC NAS environments to enable more comprehensive information lifecycle management solutions, better resource management and overall operational improvement.”
The acquisition, valued at less than $100 million, is expected to be completed by the end of August.