EMC Buys Austin-based Spanning Cloud Apps

Photo courtesy of Spanning

Photo courtesy of Spanning

EMC Corp., based in Hopkinton, Ma., has acquired Spanning Cloud Apps of Austin.

The terms of the deal were not disclosed.

Spanning, which provides backup and recovery for SaaS applications, helps organizations to protect and manage their information in the cloud. It will continue to operate under its brand in Austin as division of EMC.

Founded in 2010, Spanning has raised $9 million in venture capital in two rounds from one investor, according to its Crunchbase profile.

EMC_logo_squareEMC also launched its EMC Enterprise Hybrid Cloud Solution and Spanning Cloud will play a big role in its strategy, according to the company.

“We’re honored for this incredible recognition of our technology, our people and the successful business we’ve built,” Jeff Erramouspe, Spanning CEO, said in a news release. “Joining forces with EMC validates our business and products as among the best for cloud application backup and recovery. This move provides the best of both worlds – the freedom to continue as Spanning while, at the same time, gaining a huge advantage in the marketplace through EMC’s sheer scale. This is an exciting new chapter. Spanning is now an even stronger company, ensuring that our customers will be able to count on us for their data protection needs for the long term, while our partners can confidently build businesses around our products.”

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