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Online Backup Startup Mozy Acquired By EMC For $76 million
Online storage startup Mozy, headquartered in Utah, has been acquired by EMC Corporation, a public storage company with a nearly $40 billion market cap. EMC paid $76 million for the company, according to two sources close to the deal.

 

Source: http://www.techcrunch.com/2007/09/23/breaking-online-backup-startup-mozy-acquired-by-emc-for-76-million/

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