Wednesday, September 02, 2009

EMC to Acquire Kazeon Systems, Inc.

HOPKINTON, Mass. - September 1, 2009, EMC Corporation (NYSE:EMC), the world leader in information infrastructure solutions, today announced it has signed a definitive agreement to acquire privately-held Kazeon Systems, Inc.– a leading eDiscovery software provider for corporations, legal service providers, government entities and law firms. The transaction is expected to close in Q3 2009, subject to customary closing conditions and is not expected to have a material impact to revenue or EPS for the full 2009 fiscal year.

With Kazeon, EMC will be able to offer end-to-end, in-house eDiscovery and litigation readiness solutions as part of the EMC SourceOne family for integrated but modular eDiscovery, archiving and compliance. Kazeon allows organizations to quickly and reliably identify, preserve, collect, process, analyze and review information in accordance with the widely accepted EDRM (Electronic Discovery Reference Model) framework. Core to Kazeon is its ability to handle Electronically Stored Information (ESI) that resides anywhere in the enterprise environment -- including content on laptops, desktops, content management repositories (including, EMC Documentum), Microsoft SharePoint and Exchange, Lotus Domino, email archives and file shares.

Click here to read the full release.

Follow up post is that EMC paid $75 million for Kazeon.

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