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Monday, September 24, 2007

Congratulations to BDS and Mozy.com

Techcrunch reported Sunday in this post that online backup vendor Mozy is going to be acquired by EMC for a nice $76m. This is great validation for hosted data services, and the promising future hosted backup and hosted archiving (they are not the same) services will have in helping mid-sized organizations manage their critical IT functions.

1 comment:

derek said...

This is just the tip of the iceberg for on-specialized IT services. Applications like this don't need to be delivered at a huge premium with the typical enterprise software development, marketing and sales. Drives up cost and complexity. Hosted archiving is a chance to change that for those companies that don't want to pay premiums for what is essentially a commodity offering.