EMC acquires part of SourceLabs
Computing giant has swallowed up some of SourceLabs' assets.
 
EMC has entered into a partial acquisition deal with SourceLabs, an open source support software company.
A spokesperson for the computing giant yesterday confirmed that it had snapped up some of the company's assets in addition to a number of employees, adding that the fruits of the acquisition would operate within EMC's cloud infrastructure business.
EMC appears to be remaining fairly tight-lipped about the finer details of its purchase, news of which started sweeping the internet over the weekend. What started in one post soon gathered extra facts as more and more sources came forward. Although is it still unclear exactly which assets have been acquired.
According to one report, SourceLabs will form part of a recently created part of EMC called Deco, which provides personal storage solutions, but again so far this is just speculation.
This doubt may come from the fact that it is unclear how the companies will fit together, or at least benefit each other. Decho offers backup and cloud based services and has plans to increase these in the future. This could benefit from SourceLabs' engineering capabilities as well as access to its open source community members.
Stewart Buchanan, research director in Gartner's IT Asset Management and Procurement group, said there would be many synergies between the two firms. Decho and SourceLabs are based in close proximity in Seattle, while the open source credentials of the latter would undoubtedly assist the former as it seeks to exploit the cloud possibilities.
"It would suit a fusion with Decho", he said, "The mass market cloud opportunities tend to be closely associated with the open source community because of their high volume demand and low cost. These are definite synergies."
Sign up today and you will receive a free copy of our Future Focus 2025 report - the leading guidance on AI, cybersecurity and other IT challenges as per 700+ senior executives
SourceLabs offers solutions that provide support, update services and management for a wide number of enterprise open source applications, and EMC may have wanted to get a foothold in this camp. SourceLabs also runs a Wikipedia-like website called SWiK, an open source community project which apparently has some more than one million unique visitors each month, and is backed and ran by executives and engineers from firms including Amazon.com, BEA Systems, Computer Associates, Microosft and PeopleSoft.
It may be this that appeals to EMC as it offers a ready-built open source community foothold, and perhaps more importantly SourceLabs has an existing and high profile enterprise customer base that includes financial companies.
- 
 AI layoffs could spark a new wave of offshoring AI layoffs could spark a new wave of offshoringNews Analysts expect a wave of rehiring next year in the wake of AI layoffs. That may sound like good news for workers, but it'll probably involve offshoring or outsourcing. 
- 
 Hackers are using these malicious npm packages to target developers Windows, macOS, and Linux systems Hackers are using these malicious npm packages to target developers Windows, macOS, and Linux systemsNews Security experts have issued a warning to developers after ten malicious npm packages were found to deliver infostealer malware across Windows, Linux, and macOS systems. 
- 
 Power supply shortages are a ticking time bomb for data center operators Power supply shortages are a ticking time bomb for data center operatorsNews Two-fifths (40%) of data centers will face constraints in power availability by 2027. 
- 
  Dell EMC PowerEdge R640 review Dell EMC PowerEdge R640 reviewReviews A versatile, low-profile Xeon Scalable rack server with a big heart 
- 
 What is 'dark data' and how could it be impacting your cloud migration? What is 'dark data' and how could it be impacting your cloud migration?Too many businesses are tackling the problem of dark data with additional storage, but this is an expensive and inefficient fix 
- 
 Businesses must pay greater attention to third-party risk Businesses must pay greater attention to third-party riskNews Roles and responsibilities must be agreed on now to avoid blindspots and recriminations 
- 
 EMC reveals quest to modernise the datacentre at EMC World 2016 EMC reveals quest to modernise the datacentre at EMC World 2016News IT must get most out of existing investments while upgrading, says EMC 
- 
 EMC open sources more storage software EMC open sources more storage softwareNews RackHD project aims to make managing storage much easier 
- 
 EMC makes software-defined ViPR open source EMC makes software-defined ViPR open sourceNews Project CoprHD is being released to the dev community via GitHub 
- 
 Software-defined storage could lose your data, warns HDS Software-defined storage could lose your data, warns HDSNews Hitachi Connect 2015: Why you should be wary of deploying commodity hardware