EMC has acquired the assets of intelligent storage switch maker Maranti Networks, further thinning the ranks of intelligent storage start-ups.
A Maranti spokesperson confirmed last month that the company was seeking a buyer and would not seek additional funding.
The acquisition reduces the ranks of intelligent storage switch start-ups to just two — Troika and MaXXan. Candera and Sandial have folded, and Pirus, Rhapsody and Sanera have been acquired.
Still, Farmer stressed that EMC has no plans to enter the storage switch space, a market dominated by Cisco, Brocade and EMC offspring McData.
“We have no intention of getting into the switch business,” Farmer said.
Intelligent storage start-ups have faced tough going as they try to compete against each other and more established players have entered the fray. Maranti raised $57 million in three funding rounds before announcing it would not seek a fourth round.