Thursday, November 09, 2006

NetApp Buys Storage Software Firm Topio

Network Appliance has entered into a definitive agreement to acquire privately held heterogeneous replication startup Topio for USD 160 million, in an all-cash transaction.

According to the statement by the company, NetApp intends to add heterogeneous replication capabilities to its disk-to-disk backup products, including the NearStore Virtual Tape Library (VTL), Open Systems SnapVault for remote office backup and SnapVault for NetBackup, a product jointly engineered with Symantec.

Read More on:SDA India

0 Comments:

Post a Comment

<< Home