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EMC rumored to buy Network Intelligence

Stephen Shankland Former Principal Writer
Stephen Shankland worked at CNET from 1998 to 2024 and wrote about processors, digital photography, AI, quantum computing, computer science, materials science, supercomputers, drones, browsers, 3D printing, USB, and new computing technology in general. He has a soft spot in his heart for standards groups and I/O interfaces. His first big scoop was about radioactive cat poop.
Expertise Processors, semiconductors, web browsers, quantum computing, supercomputers, AI, 3D printing, drones, computer science, physics, programming, materials science, USB, UWB, Android, digital photography, science. Credentials
  • Shankland covered the tech industry for more than 25 years and was a science writer for five years before that. He has deep expertise in microprocessors, digital photography, computer hardware and software, internet standards, web technology, and more.
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Stephen Shankland

EMC is likely to acquire business partner Network Intelligence next week for a price between $170 million to $175 million, a source familiar with the plan said.

Beyond the initial acquisition price, a further payout could elevate the price as high as about $250 million if the company meets future financial goals, the source said. The company's annual revenue is about $20 million to $25 million, the source said.

Network Solutions sells software that converts a company's data into a form useful for audits and regulatory compliance. It already has a partnership with EMC, whose Centera storage system can be used in archiving such data. EMC has been on an acquisition spree, buying several software companies to expand beyond its original storage system specialty.

EMC declined to comment, and Network Intelligence didn't respond to requests for comment.