EMC sells Syncplicity sync'n'share biz to Skyview Capital. Told ya!

It's all about core products – and not giving VMware internal competition

EMC has divested its Syncplicity Dropbox clone enterprise file sync and share, which has been scooped up by private investment outfit Skyview Capital - confirming the rumours El Reg brought to you earlier today.

EMC acquired Syncplicity in 2012, quickly binding it to the Atmos and Isilon products and imbuing it with enterprise features.

Before long EMC added extra security, prettifying the product with a new design and the ability to edit Microsoft Office apps.

None of those efforts appear to have translated into a business EMC wants to own any more, because it's off to Skyview for a sum that's not been revealed by either party.

Did EMC cash out or bail out?

EMC just about says, in its canned quotes, that it bailed from a non-core business. President of products and marketing Jeremy Burton said: “... the standalone (enterprise file sync 'n' share) EFSS market is evolving rapidly; customers are continually looking for new end-user features and functionality to enable their increasingly mobile workforce."

"This is a step away from EMC’s core infrastructure strength. This move is designed to ensure that Syncplicity is adequately positioned for success in the evolving EFSS market and to enable EMC to increase our focus on core EMC Information Infrastructure investments,” he added.

Do those investments still include a serious tilt at document management? Sync 'n' share has been argued as document management's heir: the world is deemed to have tired of the latter and to be content with shared content buckets tamed by better security and policy.

If Syncplicity is surplus to requirements, what does it say about the rest of EMC's software business?

Let's also remember that VMware has enterprise sync 'n' share covered with with AirWatch Secure Content Locker, a part of the VMware Workspace Suite.

Virtzilla offers the Content Locker as part of a wider enterprise mobility sell. Syncplicity may have, as the statement about the deal said, “... emerged as a growing standard for companies in a wide variety of industries such as technology, health care, financial services, education, law and engineering services”, but does the EMC Federation want a sync 'n' share sale to such outfits when there's an enterprise mobility and application delivery sale to be made?

VMware has identified end-user computing as a major growth opportunity. Getting Syncplicity out of the way therefore looks like a handy way to weaken a competitor.

Or would, were it not for the fact that “the EMC salesforce will continue selling Syncplicity as part of the EMC Select partner program". How enthusiastically they sell it remains to be seen.

All Syncplicity staff will also move to Skyview. EMC promises it “will remain a large-scale Syncplicity customer". ®

Other stories you might like

  • Talos names eight deadly sins in widely used industrial software
    Entire swaths of gear relies on vulnerability-laden Open Automation Software (OAS)

    A researcher at Cisco's Talos threat intelligence team found eight vulnerabilities in the Open Automation Software (OAS) platform that, if exploited, could enable a bad actor to access a device and run code on a targeted system.

    The OAS platform is widely used by a range of industrial enterprises, essentially facilitating the transfer of data within an IT environment between hardware and software and playing a central role in organizations' industrial Internet of Things (IIoT) efforts. It touches a range of devices, including PLCs and OPCs and IoT devices, as well as custom applications and APIs, databases and edge systems.

    Companies like Volvo, General Dynamics, JBT Aerotech and wind-turbine maker AES are among the users of the OAS platform.

    Continue reading
  • Despite global uncertainty, $500m hit doesn't rattle Nvidia execs
    CEO acknowledges impact of war, pandemic but says fundamentals ‘are really good’

    Nvidia is expecting a $500 million hit to its global datacenter and consumer business in the second quarter due to COVID lockdowns in China and Russia's invasion of Ukraine. Despite those and other macroeconomic concerns, executives are still optimistic about future prospects.

    "The full impact and duration of the war in Ukraine and COVID lockdowns in China is difficult to predict. However, the impact of our technology and our market opportunities remain unchanged," said Jensen Huang, Nvidia's CEO and co-founder, during the company's first-quarter earnings call.

    Those two statements might sound a little contradictory, including to some investors, particularly following the stock selloff yesterday after concerns over Russia and China prompted Nvidia to issue lower-than-expected guidance for second-quarter revenue.

    Continue reading
  • Another AI supercomputer from HPE: Champollion lands in France
    That's the second in a week following similar system in Munich also aimed at researchers

    HPE is lifting the lid on a new AI supercomputer – the second this week – aimed at building and training larger machine learning models to underpin research.

    Based at HPE's Center of Excellence in Grenoble, France, the new supercomputer is to be named Champollion after the French scholar who made advances in deciphering Egyptian hieroglyphs in the 19th century. It was built in partnership with Nvidia using AMD-based Apollo computer nodes fitted with Nvidia's A100 GPUs.

    Champollion brings together HPC and purpose-built AI technologies to train machine learning models at scale and unlock results faster, HPE said. HPE already provides HPC and AI resources from its Grenoble facilities for customers, and the broader research community to access, and said it plans to provide access to Champollion for scientists and engineers globally to accelerate testing of their AI models and research.

    Continue reading

Biting the hand that feeds IT © 1998–2022