AROUND THE REGION
HOPKINTON — Data storage company EMC Corp. said yesterday that it has acquired a company whose technology helps fetch information from mainframe computers.
The price of EMC’s purchase of privately held Bus-Tech Inc. wasn’t disclosed. EMC said the acquisition won’t materially affect earnings this year.
EMC, the world’s biggest maker of data storage computers, said it will use Bus-Tech’s technology to move customers that use mainframes from aging tape-based data storage systems and onto disk-based data storage.
Shares of Hopkinton-based EMC rose 12 cents to $22.14 on the New York Stock Exchange.
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