EMC Acquisition Database Optimization company Zettapoint

It is reported that EMC company will purchase database optimization company Zettapoint at a price of USD 10 million.

Zettapoint, a privately owned company, was founded in 2008 and was backed by only 1.5 million dollars from the Jerusalem Venture. The company claims that its database classification software can provide an unprecedented classification based on custom for optimizing Oracle's database and its associated multi-level storage environment. The latest version can evaluate data based on the business process that accesses the data, and then generate cost-benefit tiering recommendations.

This will be attractive to EMC because Zettapoint emphasizes storage data tiering and business intelligence databases.

For venture capital firms, a 10 million price is a good result.

Zettapoint's headquarters is located in Massachusetts, which is convenient for EMC, because EMC is located in the state of Hopkinton and has business in Germany, UK, and Ireland. The EMC company became his supplier. The company's 15 employees will join the EMC company.

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