EMC Acquires Bus-Tech, and Signs Agreement to Buy Isilon Systems

EMC Corporation last week announced it has acquired Bedford, Massachusetts-based Bus-Tech, Inc., and today also announced it has signed a definitive agreement under which it will acquire Isilon Systems, Inc.

Bus-Tech is a privately held provider of VTL (Virtual Tape Library) solutions that utilize open systems disk storage to store and retrieve mainframe tape data. Bus-Tech products enhance EMC solutions for mainframe batch processing, backup and recovery, disaster recovery, and data archiving applications. Bus-Tech now becomes part of the EMC Backup Recovery Systems division, which delivers next-generation, disk-based backup and recovery solutions.

According to EMC, the combination of EMC disk library and EMC deduplication storage systems with Bus-Tech mainframe virtual tape library controllers gives mainframe users a simple, cost-effective way to eliminate tape-based systems, accelerating their batch, backup and disaster recovery processes while providing high automation and reliability levels. Bus-Tech has been a member of the EMC Select partner program since 2004, and has been an EMC OEM partner since March of 2008. The acquisition is not expected to have a material impact to EMC GAAP and non-GAAP EPS for the full 2010 fiscal year.

EMC also today announced the signing of a definitive agreement under which it will acquire Isilon Systems, Inc. a fast-growing "Scale-out NAS" (network attached storage) systems company, based in Seattle, Washington. Under terms of the agreement, EMC will pay approximately $2.25 billion for the company. The transaction, which is subject to customary approvals, is expected to be completed late this year.

Together, EMC's Atmos and Isilon's solutions are expected to offer customers a scalable, lower-cost storage infrastructure for managing massive amounts of data. Isilon's scale-out NAS systems are designed to begin small and scale quickly and up to 10 petabytes in size, with high levels of performance and availability. EMC Atmos object storage provides a complement to Isilon for massive globally distributed environments and object access to data for usages such as Web 2.0 applications.

For information about Isilon, go here.

For information on EMC, go here.