EMC Acquires Israeli Storage Startup ScaleIO For $200M-$300M To Compete Better With The Cloud Kings

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http://techcrunch.com – Palo Alto-based ScaleIO is one of a new generation of startup storage providers that’s using intelligent software to help big companies streamline and converge their data storage operations at scale across thousands of servers. On a mission to re-imagine the very operations of enterprise data centers, the startup’s tech takes aim at the core business of storage giants like EMC and IBM. In fact, ScaleIO claims that its block storage technology offers 80 to 90 percent savings compared to the bigs. Well, it appears that at least one of the bigs has been listening and wants the start (IT news)