EMC Corp. today said it agreed to pay $165 million in cash to acquire Avamar Technologies Inc.
Avamar, of Irvine, California, makes data-storage software that allows companies to ensure they back up each data segment only once, a process known as de-duplication. Avoiding redundant backups can save network bandwidth, backup time and money.
Avamar will be the 12th company EMC has acquired this year, representing a $2.8 billion total investment over that period.
Unlike EMC’s acquisition of RSA earlier this year, this one is right in EMC’s wheelhouse, makes good sense, and represents excellent value. In fact, I concur with the view of IDC analyst and vice president John McArthur:
EMC’s acquisition of Avamar brings innovative data-protection technology and another creative team into the EMC portfolio, while Avamar gains a powerful channel for the company’s solutions.
Avamar already uses EMC’s Clariion servers as a target for disk-based backup and EMC’s Centera servers for long-term archiving, so the integration of the company into EMC’s Storage Product Operations group is expected to go smoothly.