Mozy Inks Deal to Bring Cloud-based Backup to China
Mozy, the online backup service from EMC-owned Decho, and broadband provider China Telecom said today they’ve forged a partnership to bring cloud-based services to China, opening up another revenue stream for China’s largest broadband provider. Financial terms of the deal weren’t disclosed.
The two will offer a cloud-based online backup service, called eYun, that uses Mozy’s technology to help Chinese web users manage and protect their personal information in case of a computer crash or virus attack. China, with over 330 million users, has the world’s largest Internet market. China Telecom isn’t the first broadband provider to offer online backup services; Verizon and Comcast released similar offerings earlier this year. But they typically carry a higher price tag than those from pure-play online backup companies like Mozy and Carbonite.
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SaaS services seem to be looking at emerging markets in the east as a juicy proposition for the future. In another similar news, recently Hyperoffice partnered with Tata communications to offer their online collaboration software in India.
My new Chinese gatekeepers.
Goodbye, Mozy.