EMC to Buy Iomega

EMC reached a deal to buy data-storage firm Iomega for $US213 million ($228.84 million) in cash, scuttling a deal Iomega previously made with a group of Chinese companies. The two sides agreed to the deal after EMC sweetened its offer to $US3.85 a share

Share this Story
Load More Related Articles
Load More By Red Wolf
Load More In Business

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

The Tiny Monorails That Once Carried James Bond / Tom Scott

The Roadmachines Mono-Rail may have been the only ...

Photos from Flickr