EMC Buys Software Firm

Stock quotes in this article: EMC  

EMC (EMC Quote) has acquired Massachusetts-based ProActivity Software Solutions, a privately held provider of content-management software for businesses.

Financial terms weren't disclosed. The acquisition has been completed, and EMC doesn't expect it to have a material impact on its revenue or earnings this year.

ProActivity will be part of the EMC software group. The firm has research and development operations in Netanya, Israel, joining other recent EMC acquisitions in that country, Kashya and nLayers.

Shares of data-storage outfit EMC were down 34 cents, or 2.8%, at $11.67 Monday.

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