Mozy

Mozy Acquisition Confirmed

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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 300,000 business and consumer customers for their online backup storage solution.

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