EMC acquires Astrum Software

EMC Corporation today announced the acquisition of Astrum Software Corporation, a privately held supplier of storage resource management (SRM) software for multi-platform, mid-tier storage environments. The acquisition includes approximately 30 employees and Astrum Software`s portfolio of storage management software. Financial terms of the acquisition were not disclosed.

Boston-based Astrum Software is the ninth software acquisition completed by EMC since the beginning of 2000 and expands on the company`s portfolio of industry-leading SRM software, which is the fastest-growing segment of the overall storage management software market.

Astrum Software, whose products are optimised for automated file management, file-level reporting and capacity utilisation in small and medium networked storage environments, will strengthen EMC`s ability to address a full range of automated networked storage requirements.

Erez Ofer, EMC`s Executive Vice-President, Open Software Operations, said: "Astrum Software will help us provide our mid-tier customers with a more comprehensive view of their storage resources and further simplify the implementation and management of networked storage. The addition of Astrum Software`s technology and talented storage software team will widen the options available to customers running storage networks of varying sizes."

EMC also announced today that it will continue Astrum Software`s existing OEM relationship with Overland Storage (NASDAQ: OVRL), a provider of storage management software solutions. "EMC`s selection of this technology is a big win for Overland Storage, EMC and Astrum Software customers," said John Cloyd, Vice-President and General Manager of the Storage Management Business Unit at Overland Storage, Inc. "The greater technical and financial resources EMC will bring to bear on the future development of Astrum Software`s solutions promise a bright future for our customers and partners."