1. EMC And NetApp Poised To Fight Over Green Storage Company?

    EMC And NetApp Poised To Fight Over Green Storage Company?

    Information management company EMC is holding talks to buy XtremIO, an Israeli manufacturer of all-flash enterprise data storage systems, reports local business news site Globes. It is thought that the price of acquisition lies in the range of $400-450 million (£248 – £279 million). Last week, XtremIO won the Uptime Institute’s 2012 Green Enterprise IT Award in the IT Product Deployment category, which recognised that its all-flash arrays can improve energy and resource efficiency. According to Globes, EMC’s rival NetApp is also interested in XtremIO.

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