EMC to Acquire Isilon for $2.25B
EMC agreed to buy Isilon Systems, a networking storage company, for $2.25 billion.
HOPKINTON, Massachusetts (
) --
EMC
(EMC)
agreed to buy
Isilon Systems
(ISLN)
Scroll to Continue
TheStreet Recommends
, a networking storage company, for $2.25 billion.
EMC will pay $33.85 a share in cash. Isilon shares closed Friday at $26.29 and have risen to $31 in premarket trading Monday.
-- Written by Joseph Woelfel
>To contact the writer of this article, click here:
Joseph Woelfel
>To submit a news tip, send an email to:
.
