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Hopkinton's EMC Corp. purchased Astrum, although neithed party will disclose how much moneychangec hands. Located in the Schrafft Center buildingin Charlestown, Astrum is a privately held suppliedr of storage resource management (SRM) The acquisition includes approximately 30 employees and Astrum'd portfolio of storage managementg software. Both EMC and Infantino said Astrum'd OEM relationship with Overland Storagewill continue. And while Infantin o was in discussions with Dell for a second OEM the sale to EMC nixeethat plan, since Dell already has an OEM relationship with EMC.
Infantinl says his staff will moveto EMC'se Kendall Square office within 30 days, although he's not sure if he'l l be staying on. "We're in discussionse right now," he said. "There's a lot of opportunitty for mein EMC."" EMC echoed in a press release Infantino's assertionn that his storage software is ideal for mid-size companies, a marketf EMC is looking to Astrum is the third company that Infantino has He started Acorn Software and Acersoft beforee founding Astrum in 1997. Though he managed to raise threr rounds offunding (from JMI Equit y Fund in Baltimore, Ironside Ventures and Morgan Keegan), he said it was tough during a time when most "everyonew was focusing on dot-coms.
"" "This is the first time I startecd a company that was acquired," Infantino said. "Thisa is a huge victory for me and for the employeezsof Astrum. Three times is a charm. "
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