Acquisition to Expand EMC's Software Portfolio, Adds Key Technology for Event Automation and Real-Time Network Systems Management
Nieuwegein, December 21, 2004 - EMC Corporation (NYSE: EMC), the world leader in information storage and management, today announced that it has signed a definitive agreement to acquire SMARTS®, Inc., for approximately $260 million in cash, subject to closing adjustments. SMARTS is a fast-growing, privately held technology leader in event automation and real-time network systems management software. SMARTS expects its fiscal 2004 revenu..
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