NEW YORK (
is buying Seattle-based
for $2.25 billion, the company announced Monday. EMC, the biggest maker of storage computers, will gain video storage equipment through
Shares of Isilon climbed 29% in pre-market trading Monday to $33.95.
said Friday it has hired former
executive Mark Papermaster as vice president of its silicon switching technology group. Papermaster, who was formerly in charge of iPhone engineering, left Apple after the
Shares of Cisco rose 0.65% in pre-market trading Monday to $20.28.
is expected Monday to announce a new e-mail service in which people will receive e-mail addresses with the "facebook.com" suffix. Facebook already offers an instant messaging service that allows its members to communicate privately.
unveiled a new webmail app this weekend that allows users to import messages from other e-mail services like
Mail. Currently in beta mode, the full launch of AOL's email service is expected sometime next year.
New York-based startup
has secured a large funding round from Sequoia Capital, according to a report from
. Tumblr, a popular microblogging platform, has already raised around $10 million in four rounds.
--Written by Olivia Oran in New York.
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