Breaking: Online Backup Startup Mozy Acquired By EMC For $76 million — Online storage startup Mozy, headquartered in Utah, has been acquired by EMC Corporation, a public storage company with a nearly $40 billion market cap. EMC paid $76 million for the company, according to two sources close to the deal.
Source: TechCrunch
Author: Michael Arrington
Link: http://www.techcrunch.com/2007/09/23/breaking-online…
