Electronic Discovery: EMC to Aquire Kazeon

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.

The Reuters Release States that:

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.

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