Decru competitor?
Sounds like a competitor to Decru in the works, EMC is obviously not happy that NetApp owns the main provider of Storage Encryption, so feels like it has to turn it's own.
Have to say that Decru has the first mover advantage here but you cant deny the fact that EMC and Cisco are both pretty heavyweight, I'll be interested to look at this technology when the Disk encryption version appears later, as I've previously done work involving Decru's encrypting SAN attached disk and they work pretty well as an Appliance solution.