Acquisition By EMC
On November 15, 2010, it was announced that EMC would acquire Isilon for $2.25 billion. EMC said that with its acquisition of Isilon, it would be better able to provide storage infrastructure for private and public cloud environments, with a focus on so-called big data, like gene sequencing, online streaming, and oil and natural gas seismic studies.
Read more about this topic: EMC Isilon
Famous quotes containing the word acquisition:
“Wars and revolutions and battles are due simply and solely to the body and its desires. All wars are undertaken for the acquisition of wealth; and the reason why we have to acquire wealth is the body, because we are slaves in its service.”
—Socrates (469–399 B.C.)