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The Boston Globe

Business

Eyeing an IPO, Waltham’s Actifio takes aim at EMC

Small Waltham firm says its system will simplify costly data backups — and the big players are paying attention

Actifio is expected to release the latest version of its data-storage product Monday as the Waltham upstart tries to infiltrate a massive technology marketplace long dominated by the likes of the Hopkinton giant EMC Corp.

The new version is the most significant upgrade yet for four-year-old Actifio. Its product promises to vastly reduce the time and expense associated with traditional backup systems.

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