HP to acquire storage-software company

C|Net | at | by Mike

Hewlett-Packard has agreed to acquire StorageApps for $350 million, a deal that will reinforce HP's strategy for gathering a company's hodgepodge of storage tools into a vast setup that's easy to manage. HP hopes corporations with nightmarishly complicated collections of storage devices will be drawn to its vision, Federated Storage Area Management (FSAM), designed to unite storage devices from HP and others within a single, easier-to-control system.