EMC to acquire eDiscovery software vendor Kazeon
03 Sep 2009
Storage heavyweight EMC said Tuesday it has signed an agreement to acquire eDiscovery software vendor Kazeon Systems Inc., a move which could help the company become a major force in searching for data not only in the legal space but across a wide range of data sources.
The deal size is expected to be between $75 million and $150 million.
Kazeon's eDiscovery software provides litigation support for the corporations, legal service providers, law firms and consultants, letting them search, classify and act on the growing volumes of electronically stored information dispersed throughout their networks.
It allows the searching of electronic volumes of data including electronic documents, e-mails, instant messages, databases and other sources for the purpose of locating data relevant to litigation.
Kazeon is the second acquisition unveiled by the Massachusetts-based EMC this week.
On Monday, EMC said it acquired FastScale Technology, a California-based provider of software platforms for building, optimising, managing and deploying application environments in physical, virtual and cloud infrastructures. (See: EMC acquires California's FastScale Technology) </infotech/itnews/20090901_emc_acquires.html>
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