EMC is to aquire Kazeon.
This is a large ED aqusition, as EMC marches into the e-discovery space. This follows on the heels of the ABA article speaking of aqusitions and mergers and retreats in the electronic discovery market space.
OPKINTON, Mass., Sept. 1 /PRNewswire/ -- EMC Corporation (NYSE: EMC), the world leader in information infrastructure solutions, today announced it has signed a definitive agreement to acquire privately-held Kazeon Systems, Inc .-- a leading eDiscovery software provider for corporations, legal service providers, government entities and law firms. The transaction is expected to close in Q3 2009, subject to customary closing conditions and is not expected to have a material impact to revenue or EPS for the full 2009 fiscal year.