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EMC In Talks About Possible $2 Billion Bid For Isilon: Reports

By Joseph F. Kovar
October 18, 2010    3:04 PM ET

Page 1 of 4

Another blockbuster storage acquisition may be in the making as EMC is reported to be discussing a $2 billion bid for Isilon.

The New York Post reported late Friday night that EMC could close a deal to acquire Isilon by year-end, quoting unnamed sources.

EMC itself is still rumored to be the subject of an acquisition bid by Oracle, which is looking to beef up its storage offering.

Isilon, meanwhile, is on a short-list of potential storage acquisitions, especially after Hewlett-Packard beat Dell in a short but intense bidding war to acquire 3PAR, a developer of scalable Fibre Channel SAN technology.

Isilon develops scale-out NAS technology. The company's OneFS operating system allows customers to add storage nodes without disrupting storage operations up to a maximum of 10.4 petabytes in a single file system. Performance of the company's storage architecture also scales with the addition of storage nodes to up to 45 GBs per second.

Next: Analysts, Wall Street Like The Acquisition Possibility



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