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History 2001: Belgium Firm FilePool in CAS Purchased by EMC

For around $50 million in cash transaction

FilePool NV, formerly Wave Research, was purchased by acquisition-hungry EMC for around $50 million in a cash transaction.

The Belgium company provides a technology platform for distributed content management based on “Content Addressable Networking.” It uses Internet standards to seal, store and share digital content. Users or applications can select key data, annotate the collection with meta-data and store it in the “Pool.” FilePool returns a link to the content, a socalled e-CLIP, that can be used to retrieve the content and its associated meta-data at any time in the future.

This article is an abstract of news published on issue 160 on May 2001 from the former paper version of Computer Data Storage Newsletter.

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