EMC to Acquire Rainfinity

EMC announced it has signed a definitive agreement to acquire Rainfinity, a provider of virtualization solutions for heterogeneous networked attached storage and file system environments. The acquisition, valued at less than $100 million, is expected to be completed by the end of August 2005.

EMC announced it has signed a definitive agreement to acquire Rainfinity, a provider of virtualization solutions for heterogeneous networked attached storage and file system environments. The acquisition, valued at less than $100 million, is expected to be completed by the end of August 2005.

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