VERITAS to Acquire Application Virtualization Firm

As ASPnews reports:

VERITAS Software on Wednesday moved to acquire application virtualization concern Ejascent for $59 million in cash to bolster its utility computing strategy to better compete with IBM, HP and EMC.

Application virtualization software, such as Ejasent’s core UpScale product, allows IT employees to move an application from one server to another without disrupting or terminating the application. UpScale takes a snapshot of an application, preserves its settings and data and transfers it to a different server in near real time.

Another player is coming? Virtualization gameplay will become crowded soon?

Thanks to Stephane Broquere (Dunes) for reporting me this interesting news