EMC had a busy day in press releases today. They announced the acquisition of Australia based ITSM software company Infra. Infra compliments EMC's data center operations family of software and gives them an ITIL solution that automates IT Service Management.
EMC also announced that 2007 was the 8th consecutive year that they were named the market share leader in storage software. This was according to the latest IDC worldwide quarterly storage software tracker.
Now -- if we only knew what to do with all of this data on EMC storage! :) Last week the press release was about the new AIIM survey revealing that organizations continue to struggle with unstructured information.
Finally -- Today Iomega "received an unsolicited and non-binding proposed offer" from EMC. EMC's $178.1 Million bid represents a 22% premium over the stock's closing price on Friday. Check out the Iomega press release here.
Iomega stock closed up 20.3% and EMC closed down 2.2%