EMC Acquires Risk Specialist Archer Technologies

Home - eWeekEurope.co.uk (Jan 5 2010) Monitoring , Cloud Computing

1. EMC continues to branch out in areas peripheral to storage, most recently in the data governance, risk and compliance sector. The hardware and software vendor announced on 4 Jan. that it plans to acquire privately held Archer Technologies, a provider of GRC software. Financial details of the transaction were not released, but EMC reported that the deal will not have a material impact on revenue for the full 2010 fiscal year. Archer has about 6 million licensed users and a client list that includes 25 of the Fortune 100, EMC said. Archer makes automated, integrated GRC software for managing corporate policies and objectives for their life cycles. Its products automate, analyse and manage business risks, while helping corporate policies adhere to compliance requirements. Archer's frontline product is the SmartSuite Framework, which includes management functions controlling management of policies, risk issues, compliance, business continuity and audits. (Read Full Article)

   Bookmark or Share this article

Login to comment.