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EMC rumored to buy Network Intelligence

Rumor has it that EMC is buying the SIEM vendor Network Intelligence for between $150 to $175 million. NI’s revenue is said to be around $20 to $25 mil. That’s 7x revenue, which is not bad at all.

[Update: Announcement was made today on the NI acquisition by EMC. Interesting how the NI story is hidden inside a much bigger story. Does that indicate what's to come? That NI is going to just be a small piece of the EMC security story? The PR doesn't even mention the price. However, Reuters' piece mentions the $175m figure.]

Last Modified: Monday, September 18th, 2006 @ 22:44

This entry was posted on Friday, September 15th, 2006 at 10:41 pm and is filed under Companies, Market. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

One Response to “EMC rumored to buy Network Intelligence”

  1. Operational Intelligence : EMC and Network Intelligence Said on September 21st, 2006 at 6:58 pm quote

    [...] Earlier we mentioned that EMC is buying Network Intelligence, well, there’s a bunch of analyst/editor comments out now. [...]