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From TechTarget:

EMC Corp. has acquired a startup still in stealth called Pi Corp. in
an all-cash transaction for an undisclosed amount.

Pi Corp. founder and CEO Paul Maritz will join EMC as president and
general manager of EMC’s newly created Cloud Infrastructure and
Services Division, reporting directly to EMC CEO Joe Tucci. The new
division will also include the EMC Fortress SaaS infrastructure, the
Mozy online backup service and “other upcoming EMC cloud
infrastructure systems and software offerings under development.”

This is interesting to me as I see it as the “new next big thing”.

Currently the only people really loud in this space are Google and Amazon.

I highly doubt we will see much come out of either party until the very soonest Q2 2008 (Mozy update), but expect a product by year-end.

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    The Register is reporting that Citrix will be letting everyone know tomorrow that it plans to acquire XenSource tomorrow.

    This doesn’t come as much of a surprise as we know Citrix has been looking long and hard at a virtualization platform.

    While this seems to be a very good move on behalf of Citrix, it remains to be seen what the fate of the open source Xen project will be.

    As predicted, 2007 is shaping up to be the year of the virtual machine with Microsoft, SWSoft, EMC/VMware and now Citrix ready and set to keep spending and marketing this paradigm.

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