Egnyte Integrates Its Hybrid Cloud Storage Service With EMC’s On-Prem Hardware
Egnyte, a company that sells a hybrid cloud storage product, today announced integration with EMC’s VNX line of on-premises data storage hardware. For Egnyte, it potentially opens up new customers and revenue streams. Egnyte has indicated in the past that it expects to be cashflow neutral by the end of 2014, and that its revenues on a run-rate basis are currently between $25 and $35 million.
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