EMC to Analysts: Stop Bugging Us Already
EMC needed a play in Web-based back-up. If they didn't get into this business, geared to consumers and small companies, Wall Street analysts would never stop bugging them about why they didn't have a play.
So this week, EMC bought Berkeley Data Systems, the Utah company which runs the online back-up service Mozy. EMC didn't disclose the price, but TechCrunch says its sources peg the tag at $76 million.
What's interesting to me is that EMC didn't make a bigger deal of this acquisition: no quote from nominal EMC CEO Joe Tucci in the release...and they didn't seem to offer Tucci up to the Globe, which ran just a brief item or the Wall Street Journal. The NY Times hasn't covered the news at all, so far as I can tell.
Is that really the way to indicate that this is an important new direction for your company?
So this week, EMC bought Berkeley Data Systems, the Utah company which runs the online back-up service Mozy. EMC didn't disclose the price, but TechCrunch says its sources peg the tag at $76 million.
What's interesting to me is that EMC didn't make a bigger deal of this acquisition: no quote from nominal EMC CEO Joe Tucci in the release...and they didn't seem to offer Tucci up to the Globe, which ran just a brief item or the Wall Street Journal. The NY Times hasn't covered the news at all, so far as I can tell.
Is that really the way to indicate that this is an important new direction for your company?
posted by Scott Kirsner at
9:09 AM
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