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EMC to snag storage software maker

EMC plans to announce that it will acquire privately held storage software maker Prisa Networks for about $20 million in cash.
Written by Reuters , Contributor
Data storage heavyweight EMC plans to announce Wednesday that it will acquire privately held storage software maker Prisa Networks for about $20 million in cash.

San Diego-based Prisa, EMC's eighth software acquisition in three years, develops programs to manage low-end storage networks based on Microsoft's Windows operating system, an area that EMC says is becoming increasingly important.

Prisa already sells the software to PC maker Dell Computer, which resells EMC's low-end machines. EMC said it will rebrand the software and expand the market for it.

Hopkinton, Mass.-based EMC, the biggest maker by revenue of high-end storage connected in networks, said that smaller companies are turning to network storage but need easy-to-use products.

"Without the management tools, it is definitely a task they do not want to do,'' said Erez Ofer, executive vice president at EMC. "The sweet spot (in the market) is definitely going to spread lower.''

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