Mozy was recently discussed here, so this may be of interest.

EMC Corp. (EMC) has reportedly bought American Fork, Utah-based Berkeley Data Systems, the company behind online backup service provider Mozy, for $76 million.

The rationale behind EMC buying Mozy is still unclear. But it should be a warning signal for dozens of online storage startups that are trying to get our attention. Perhaps it is time for them to start accepting whatever offers they can get — fast.

Mozy Acquired By EMC For $76 million

That’s quite an exit for Mozy - $76 million on just $1.9 million raised. Rumors circulated a year ago that Mozy was close to being acquired by Google for significantly less than this. The company eventually passed on the deal, which must have been a tough call. They clearly made the right choice in waiting.