“At Kazeon, we’re committed to providing customers with the most accurate, scalable and legally defensible eDiscovery solutions,” stated Kazeon Founder and CEO Sudhakar Muddu. “Customers across the globe are performing accurate and efficient eDiscovery, realizing dramatic cost savings and risk reduction by leveraging our broad range of solutions. Becoming part of EMC is the right strategic move for us – giving us the resources of a world-class leader in information management to effectively take our market vision to the next level. We are excited about this acquisition.”
EMC Corporation has announced a definitive agreement to acquire Kazeon Systems Inc. Kazeon designs eDiscovery software made for corporations, legal firms, government agencies, etc. The transaction is expected to close on Q3 2009 and the financial details were undisclosed. EMC plans to roll Kazeon’s products into their SourceOne services. Kazeon’s software can collect and process Electronically Stored Information across laptops, desktops, and other content management systems.
EMC Corporation has been on the acquisition binge. The company bought out FastScale and NetApp recently.