Mozy acquired for $76 million

TechCrunch is reporting that Mozy, an online storage startup based out of Utah, was recently acquired by EMC Corporation for a rumored $76 million. Mozy’s software (Mac & PC) offers a simple backup solution: once you install it, it slowly backs up your data over a period of time. The site offers a free version of their software that gives you 2 gigs of backup space, and for $5/mo you get unlimited storage. EMC Corporation is an information management firm whose CEO Joe Tucci was named #1 in the IT hardware industry for the second year in a row in 2006 by readers of Institutional Investor, ranking one spot ahead of Steve Jobs. [TechCrunch writeup]

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