EMC linked to $300m ScaleIO acquisition
Storage giant has reportedly hit the Middle Eastern acquisition trail again.
Storage giant EMC has reportedly made moves on another Middle Eastern storage startup, by offering between $200-300 million to acquire Scale IO.
According to sources quoted in a report on Israeli news site Calcalist, the deal is in the pipeline, but at the time of writing - neither party would comment on a prospective acquisition.
If the speculation turns out to be true, ScaleIO will be the second storage startup EMC has acquired in recent years, after it splashed out on flash storage player XtremIO in 2012.
It would also mark another move by the vendor into the storage management software space.
In this vein, at last month's EMC World conference in Las Vegas, the vendor took the wraps off its ViPR Controller, which is designed to provide IT administrators with a self-service portal where they can view the storage resources they have available to provision applications and services.
EMC has been heavily investing in the Israel for some time now, having acquired several firms in the country. It also opened a research and development centre there in 2011.
The ScaleIO software allows users to group together and pool server storage so that it can be managed in the same way as a virtual SAN.
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The company was set up in 2011, and counts Greylock and Norwest Venture Partners among its financial backers.
IT Pro contacted EMC for comment on this story, but was told they do not comment on rumour or speculation.
Caroline Donnelly was the news and analysis editor of IT Pro. Previously, she worked as a reporter at several B2B publications, including UK channel magazine CRN, and as features writer for local weekly newspaper, The Slough and Windsor Observer. She studied Medical Biochemistry at the University of Leicester and completed a Postgraduate Diploma in Magazine Journalism at PMA Training in 2006.
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