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