EMC (EMC) Buys Privately-Held XtremIO

May 10, 2012 9:02 AM EDT
EMC Corporation (NYSE: EMC) today announced that it has acquired privately held XtremIO. Widely regarded as one of the world's premier Flash storage architecture pioneers, Herzliya, Israel-based XtremIO provides an added dimension as EMC® continues to enhance and broaden its world-leading Flash storage portfolio. The all-cash transaction is not expected to have a material impact to EMC GAAP or non-GAAP EPS for the full 2012 fiscal year.

Additional details will be presented at EMC World.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Mergers and Acquisitions