EMC acquires corporate cloud-based file sharing company

EMC buys Syncplicity to deliver cloud-based enterprise level synch and share solutions

Tags: Cloud computingEMC CorporationMergers and acquisitions
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EMC acquires corporate cloud-based file sharing company Syncplicity will be integrated into EMC's Information Intelligence Group.
By  Mark Sutton Published  June 13, 2012

EMC has announced that it has acquired Syncplicity Inc, a US-based provider of cloud based file sharing and synchronising solutions.

Unlike comparable consumer-focused file sharing solutions, Syncplicity's technology has been developed for enterprise, with the necessary security and governance considerations taken into account. Acquiring Syncplicity will allow EMC to offer synch and share services to businesses that will enable their workforce to be mobile while still retaining corporate-levels of control.

"It's our core belief that productivity and security are not mutually exclusive. In acquiring Syncplicity, we validate this concept by uniting enterprise ‘sync and share' capabilities for the cloud with governance and rigor that is synonymous with Documentum. As cloud, social and mobile dominate the way work gets done, our customers require more than simple containers for managing and sharing content. With Syncplicity, we will deliver best-in-class solutions for true extended enterprise collaboration," said Rick Devenuti, president, Information Intelligence Group, EMC.

Financial details of the deal were not announced.

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