Despite the continued importance of backup and recovery software to all sizes of business, the market players - including Legato, despite its inappropriately named OpenTape format - have done nothing to allow businesses to swap vendors.
He added that Charles Schwab will continue to develop its European IT strategies with Veritas. The partnership is central to a move by Charles Schwab to provide 24-hour online trading access to European customers.
EMC has been developing its software business as part of its focus on ILM, agreeing in July to acquire Legato Systems, a maker of backup and recovery systems, in a stock deal worth $1.3bn. Industry watchers said they are not surprised by news of...
EMC's figure reflects the combined results of EMC and Legato Systems, which EMC acquired last October. Revenue from EMC and Legato in the fourth quarter grew 25.7 per cent year over year to $563m, when looking at the combined results of the...
The Hopkinton, Massachusetts-based storage specialist made a strong push to expand its software offerings last year by acquiring companies such as Legato Systems, which makes data backup and recovery applications.
Strathclyde University was supported in its decision to take the Legato and EMC's NetWorker route by integrator TriSys. Legato is now a division of storage specialist EMC and while EMC hardware is often found alongside Sun servers, it is not...