Hot on the heels of the completion of its acquisition of RSA Security for $2.1 billion, the storage giant's latest purchase will form part of its newly-formed information security division.
To complement its current spending spree, the company confirmed that it will continue to fund its $3 billion-plus 2006 share buy-back programme.
"The additions of RSA and Network Intelligence to the EMC family enable us to execute on our information-centric security strategy to help organisations around the world secure their information throughout its lifecycle and reduce the associated cost of regulatory compliance," said Joe Tucci, EMC's chairman, president and chief executive.
He said: "It's becoming critical that security move beyond a point product solution. Customers are in need of security that is built in and broadly distributed within the IT infrastructure to protect people, gear and data as a cohesive solution.
"EMC now has the resources and expertise to give customers seamless and pervasive security that allows them to leverage their information as a valuable asset rather than a potential liability."
