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EMC is reportedly in talks to acquire XtremIO, an Israeli developer of high-end storage arrays...

EMC is reportedly in talks to acquire XtremIO, an Israeli developer of high-end storage arrays relying on flash memory, for $400M-$450M. It's also claimed NetApp (NTAP) and others have talked with XtremIO, which competes with fast-growing Violin Memory. XtremIO would fill a hole in EMC's line: the company has rolled out server flash modules, but has only announced plans to offer arrays built specifically with flash in mind.
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Comments (1)
  • alex.c
    , contributor
    Comments (9) | Send Message
     
    EMC is ridiculously undervalued. It should be trading at a minimum of usd 35.- I don't know if I'm missing something or what?
    24 Apr 2012, 10:59 AM Reply Like
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