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EMC confirms agreement to acquire ScaleIO

EMC will acquire ScaleIO for an undisclosed figure and fold the company into its Flash Product Division

Storage solution provider EMC has confirmed that it will be acquiring Israeli start-up ScaleIO, a converged storage software provider.

EMC to buy Israeli elastic storage start-up ScaleIO for $250 million

ScaleIO will help EMC remain competitive as enterprises move to public clouds

In a move to remain competitive in the storage market, leading storage solutions provider EMC is looking to acquire ScaleIO, an Israeli-based start-up specialising in elastic converged storage technology.

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