Cloudscaling Acquired By EMC
San Francisco-based Cloudscaling, which develops a OpenStack cloud software distribution, is in the midst of being acquired by EMC, according to unconfirmed reports. The deal is reportedly worth less than $50M. Cloudscaling is venture backed by Trinity Ventures, Juniper Networks, and Seagate, and last raised a round of funding in May of 2013.
posted on Monday, October 13, 2014
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