Print
Email
Print Edition Stories
Map of New England mapping companies
The Murphy brothers' software-selling family tree
MHT Sales Roundtable: Web 2.0, Meet Sales 101
EMC Corp. (NYSE: EMC) has acquired Kazeon Systems Inc., the Hopkinton-based storage giant announced today — adding an e-discovery software tool for legal industry and compliance to its SourceOne family of products.
Mountain View, Calif.-based Kazeon makes electronic discovery reference model (EDRM)-based e-discovery software for corporations, legal service providers, government entities and law firms. According to EMC’s press release, a key component of Kazeon’s offering is its ability to handle data stored anywhere in the enterprise environment, including laptops, desktops, content management repositories, Microsoft SharePoint and Exchange, Lotus Domino, e-mail archives and file shares.
Kazeon’s product is available as an appliance, EMC noted. The company provides the Information Server 1200 appliance to EMC competitor NetApp Inc. (Nasdaq: NTAP) through an original equipment manufacturer (OEM) arrangement with the Sunnyvale, Calif.-based data storage company.
A venture-backed company, Kazeon received at least $75 million in six rounds of investment from backers including JK&B Capital, Clearstone Venture Partners, Menlo Ventures and Redpoint Ventures. Financial terms of the EMC deal were not revealed. The acquisition, expected to close within the quarter, will not have a material impact on company revenue, according to EMC.
Increasingly stringent government regulation is driving demand for e-discovery products, said Andrew Cohen, vice president and general manager of EMC’s e-discovery business, in a statement. And Kazeon founder and CEO Sudhakar Muddu said in a statement that the acquisition will help the company “take our market vision to the next level.”
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
RSS Feeds
