Mozy exits for Megabucks

TechCrunch reports on Mozy’s sale to EMC for 76m USD. Nice exit for Mozy, and as TechCrunch notes that was on an initial investment of 1.9m USD. You gotta love those multiples.

Unlike Carbonite, Mozy has focussed pretty much exclusively on the business market place and this is the obvious motive behind EMC’s acquisition.

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