EMC Corp. (NYSE:EMC) acquired the technology (intellectual property)
of Israeli start-up Illuminator Inc. for just under $10 million.
Illuminator raised $10 million from Evergreen Venture Partners and
Greylock Partners. The company developed enterprise application
recovery software solutions. The company's products help
organizations meet strict external and internal regulatory
requirements for recovery of applications and servers. EMC will
market the company's solution.
Illuminator CEO Yoav Boaz and VP R&D Rami Katz co-founded the company
in 2004. Boaz previously founded and ran Integrity Systems Ltd.;
Illuminator is a spin-off of Integrity, a supplier of enterprise data
recovery systems.
Illuminator has 16 employees in Israel and California. The company
and its employees will join EMC's Israeli development center. The
company's website was closed following the acquisition.
EMC has acquired five Israeli start-ups in the past two years,
including Kashya, nLayers, and proActivity in 2006.