Business

Mass. Movers

EMC enters deal to acquire ScaleIO

ScaleIO will join EMC’s flash product division.

Istockphoto.com

ScaleIO will join EMC’s flash product division.

Advertisement

EMC Corp., which makes data storage equipment, said Thursday that it reached a deal to buy storage software company ScaleIO. Financial terms of the all-cash deal were not disclosed, but EMC said it doesn’t expect the addition of the privately held company to have a measurable effect on its fiscal 2013 results. The Hopkinton-based company said the combination of its flash cards and ScaleIO’s highly scalable server software will boost its product offerings.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.