EMC Buys Archer in IT Risk Play
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EMC is beefing up its IT governance, risk management and compliance (GRC) capabilities with the acquisition of Archer Technologies, according to Enterprise Storage Forum. For EMC, it's just the latest move away from its core data storage business as it tries to position itself as a player in the broader data center and IT management market.
Data storage giant EMC (NYSE: EMC) started the new year in much the same style as it spent 2009 -- on the acquisition trail.
EMC announced today that it will acquire Archer Technologies, a privately held developer of governance, risk and compliance (GRC) software. Financial terms of the deal were not disclosed.
EMC officials said the acquisition will add another layer of security and management applications to its stack, allowing customers to "better visualize and manage risk throughout their IT infrastructure."
"Traditional security management focuses primarily on addressing technology issues, but our customers are telling us that their real challenges are in the areas of policy management, audit and compliance," Art Coviello, president of EMC's RSA security division, said in a statement. "You can't manage what you can't see."