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Report: EMC Acquires Mozy for $76M

Posted By Rich Miller On September 23, 2007 @ 8:29 pm In Storage | Comments Disabled

TechCrunch reports that online storage startup Mozy has been acquired by EMC Corporation [1]for $76 million. Mozy is among a bunch of online backup startups [2] launched in late 2005. Personal accounts on Mozy are $4.95 a month, while business accounts start at $3.95 per computer plus 50 cents per gig. Mozy apparently raised just $1.9 million in venture capital, and is rumored to have turned down a takeover offer from Google some months back. Mozy’s data [3] is stored in a 24,000 square foot Salt Lake City, Utah data center operated by Berkeley Data Systems.

About Rich Miller [4]

Rich Miller is the founder and editor-in-chief of Data Center Knowledge, and has been reporting on the data center sector since 2000. He has tracked the growing impact of high-density computing on the power and cooling of data centers, and the resulting push for improved energy efficiency in these facilities.

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URL to article: http://www.datacenterknowledge.com/archives/2007/09/23/report-emc-acquires-mozy-for-76m/

URLs in this post:

[1] acquired by EMC Corporation : http://www.techcrunch.com/2007/09/23/breaking-online-backup-startup-mozy-acquired-by-emc-for-76-million/

[2] bunch of online backup startups: http://avc.blogs.com/a_vc/2005/12/online_backups_.html

[3] Mozy’s data: http://mozy.com/docs/datacenter.pdf

[4] Rich Miller: http://www.datacenterknowledge.com/archives/author/richm/

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