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Storage Giant EMC Acquires Backup and Recovery Vendor Dantz
EMC is Entering the SMB Software Market, Acquiring Dantz Development Corporation in a $50M Deal

"Dantz helps EMC methodically enter the SMB software market," said Dave DeWalt, Executive Vice President, EMC Software Group - referring to small and midsize businesses.

He was referring to EMC's acquisition - its 15th software acquisition since the beginning of 2000 - of privately-held Dantz Development Corporation, a supplier of backup and recovery software for SMBs.

The deal means EMC can "hit the ground running with an extremely strong and well-regarded product platform, wide-reaching and deep channels to market, and synergistic connection points with EMC's current technology and channel partnerships," DeWalt added.

Dantz develops and markets the Retrospect product family, which protects millions of computers worldwide by providing backup and recovery for file servers, desktops, notebooks, and business-critical applications.

Dantz Retrospect's advanced technology - such as its progressive backup capabilities, automated desktop and notebook backup, ease-of-use and media-independent, one-step recovery with backup to disk - allows EMC to provide customers with complementary information protection solutions ranging from entry-level to the highest enterprise requirements. Dantz's advanced technology and pioneering patents, along with EMC's leadership in disk-based backup and recovery, will form the foundation for Recovery Management, the next major wave in backup and recovery. 

DeWalt said, "Dantz is a strategic acquisition in line with EMC's strategy to extend our reach and focus on the fast-growing SMB market of next-generation high-growth customers. While the majority of EMC's offerings to date have been targeted at the enterprise and commercial markets, Dantz represents EMC's first major SMB software entry with purpose-built products targeted specifically to the needs of SMB customers." 

 

About Security News Desk
SYS-CON's Security News desk trawls the world of security for news of software, hardware, products, and services that seems likely to be of interest to infosec professionals and summarizes them for easy assimilation by busy IT managers and staff.

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