Storage & Health IT Deals: EMC, Nasuni, Recombinant Data, QuantiaMD

Plenty of deals to watch around Boston this week. Here are the big ones:

EMC (NYSE: [[ticker:EMC]]), the Hopkinton, MA-based data storage giant, has acquired Silver Tail Systems of Menlo Park, CA. Terms of the deal were not disclosed, but weren’t expected to have a material effect on EMC’s earnings if the acquisition closes as expected by year’s end. Arik Hesseldahl at All Things D reports from unnamed sources that the price was between $300 million and $400 million. Silver Tail Systems provides Web security services, saying that it analyzes huge amounts of traffic data in real time to assess possible security threats. The smaller company’s investors include Andreessen Horowitz and In-Q-Tel, the CIA’s investment arm.

Greg Huang had this report on Natick, MA-based Nasuni, which raised another $20 million led by an undisclosed new investor, bringing its total investment to about $43 million since 2009. Nasuni is part of a wave of companies that are trying to turn traditional storage infrastructure into a utility service, storing files in commercial cloud services while also keeping cached versions of commonly used files in local storage for easier access. The company’s technology takes care of cloud storage, data management, and online backup, and it’s geared towards distributed enterprises with offices in different locations.

—Healthcare data services provider Recombinant Data has been acquired by big consulting conglomerate Deloitte for an undisclosed sum. Newton, MA-based Recombinant Data, founded in 2005, says it had been doubling revenue growth in the past five years. The smaller company says all 89 of its employees will stay employed at Deloitte, and it plans to hire at least 30 more people over the next year.

—Waltham, MA’s QuantiaMD has raised a $12 million round of financing from existing investor Fuse Capital. The company maintains a professional network site for doctors, who share their experience and knowledge with each other while also hearing from experts in the field. The private company says it has about 160,000 physicians as members, and plans to use the investment to expand its service with features to help insurers and health systems interact with doctors online. QuantiaMD says it already has nine of the world’s top 12 drug companies as clients.

Author: Curt Woodward

Curt covered technology and innovation in the Boston area for Xconomy. He previously worked in Xconomy’s Seattle bureau and continued some coverage of Seattle-area tech companies, including Amazon and Microsoft. Curt joined Xconomy in February 2011 after nearly nine years with The Associated Press, the world's largest news organization. He worked in three states and covered a wide variety of beats for the AP, including business, law, politics, government, and general mayhem. A native Washingtonian, Curt earned a bachelor's degree in journalism from Western Washington University in Bellingham, WA. As a past president of the state's Capitol Correspondents Association, he led efforts to expand statehouse press credentialing to online news outlets for the first time.