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Veritas acquires Ejasent for $59m
[UC Newsdesk 2004/1/7]

Veritas, a major storage software provider, today announced it has reached a definitive agreement to acquire Ejasent, a supplier of application virtualization technology for utility computing, in an all cash transaction valued at $59 million. Veritas expects the acquisition to be completed by the end of January 2004.

Ejasent's application virtualization technology will provide Veritas with another key building block to enable utility computing. The company's core software, UpScale, offers the ability to move an application from one server to another without disrupting or terminating the application. UpScale software takes a snapshot of an application and its state, preserving all its current settings and data, and transfers it to a different server in near real time. By minimizing overhead in the application environment, it allows UpScale to be deployed for mission critical applications.

Ejasent's other core product, MicroMeasure, enables usage-based metering and billing of physical and logical data center assets, including servers, storage and application transactions by specific users and departments. Upon completion of the acquisition, Veritas plans to integrate MicroMeasure software into the Veritas CommandCentral Service product, further enhancing service level reporting across the enterprise.

"The Ejasent team is pleased to be joining with Veritas to accelerate the delivery of advanced utility computing technologies," said Rajeev Bharadhwaj, co-founder and chief technology officer, Ejasent, Inc. "Ejasent's application virtualization technology is highly complementary to Veritas' products, and it will become an important building block as Veritas enables utility computing."

Upon the completion of the acquisition, Ejasent will become part of Veritas' High Availability/Clustering group. Veritas expects to deliver UpScale and MicroMeasure software in the second quarter of 2004. UpScale will be available initially on Solaris, with a Linux version set for release in early 2005. MicroMeasure runs on Solaris, Windows, Linux and HP-UX.

"Simplifying the management of IT infrastructure that is 'always on' for end-users is a fundamental objective of utility computing. Ejasent's technology adds another key building block to the Veritas portfolio," said Mark Bregman, executive vice president of product operations, Veritas Software. "Live application migration can cut server maintenance and upgrade time from hours to minutes, freeing valuable IT resources to work on other projects while at the same time improving application availability for end-users."