EMC buys Syncplicity
TAW25 emc syncplicity

When: May 2012

Why: The storage giant bought this cloud-based file-management startup in an effort to compete with popular services like Dropbox.

How it's being integrated: EMC (EMC, Fortune 500) offers Syncplicity's file-sharing capabilities for customers of both cloud and traditional on-premises storage.

Risk: Dropbox already has over 100 million users -- and the list of standalone competitors like Box and SugarSync is growing.

Amount: Undisclosed


  @FortuneMagazine - Last updated February 20 2013 07:01 AM ET
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