Thursday, October 4, 2007
Mozy Acquisition Confirmed
EMC Corporation announced the acquisition of Utah-based startup Mozy this morning, confirming our story of September 23. The price is not being disclosed, but our sources indicate that Mozy was acquired for $76 million. This was an excellent liquidity event for the Mozy team, which had raised just $1.9 million back in 2005. The company claims [...]
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