Emulex (ELX +14.6%) soars after Bloomberg reports the company has hired Goldman to help find a...

|About: Emulex Corporation (ELX)|By:, SA News Editor

Emulex (ELX +14.6%) soars after Bloomberg reports the company has hired Goldman to help find a buyer. Activist investors Elliott Associates and Atlai Capital have been prodding the storage adapter card/switch vendor to sell itself. Archrival QLogic (QLGC +4.7%) has also jumped on the report. Both companies have been struggling to cope with weak server demand.