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Computers M&A image Computers M&A » By The Online Investor Staff, updated Sat., Jan. 16, 9:54 PM Recent mergers and acquisitions in the Computers M&A category.

Slide #38. EMC ScaleIO

Acquirer: EMC (EMC)
Acquiree: ScaleIO
Details: EMC Corporation (NYSE: EMC) today announced that it has signed a definitive agreement to acquire privately-held ScaleIO, a pioneer in server-side storage software. The acquisition will further strengthen the EMC Flash portfolio by combining ScaleIO's highly scalable server software with PCIe Flash cards, such as EMC XtremSF, in Enterprise Private Cloud and Service Provider environments.

EMC develops, delivers and supports the Information Technology industry's range of information infrastructure and virtual infrastructure technologies, applications and services. Co. has three businesses: EMC Information Infrastructure, which comprises the Information Storage, Enterprise Content Division and RSA Information Security segments; VMware Virtual Infrastructure, which develops and markets its product and service within three product groups: Software-Defined Data Center, Hybrid Cloud Computing and End-User Computing; as well as Pivotal, which unites strategic technology, people and programs from Co. and VMware, Inc.

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Company Name: 
EMC Corp. (MA)
Stock buyback: 
EMC buyback
Website: 
www.emc.com
Sector: 
Computers
 

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Buy (2.62 out of 4)
93rd percentile
(ranked higher than approx. 93% of all stocks covered)
Based on Zacks ABR data;
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