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To: Bill Harmond who wrote (30733)11/2/2006 1:46:28 PM
From: stockman_scott  Respond to of 57684
 
EMC Corp. (NYSE: EMC) has agreed to acquire Avamar Technologies Inc., an Irvine, Calif.-based provider of data backup and recovery solutions. The deal is valued at approximately $165 million in cash, and is expected to close within the next 30 days. Avamar has raised around $40 million in VC funding from firms like CMGI @Ventures, Benchmark Capital, Goldman Sachs, Morgan Stanley Venture Partners and Lightspeed Venture Partners. emc.com avamar.com