EMC To Acquire Storage Specialist Isilon For $2.25B
IT infrastructure giant EMC Corp. is buying storage specialist Isilon for approximately $2.25 billion. The deal should be finished by the end of the calendar year, and will see Isilon act as an independent subsidiary of EMC. Here are some details.
While there’s an official press release, much more insight is provided in an open letter from Isilon Systems President and CEO Sujal Patel. In the letter, Patel outlines the timing on the deal, explaining that their signature scale-out approach to storage is the perfect match for EMC’s resources and IT infrastructure.
Patel also expresses confidence in the deal’s smoothness, saying that EMC has several successful integrations under its belt, and that Isilon will be conducting business as usual until the deal finalizes. Moreover, as an independent subsidiary, Isilon will maintain its customer and partner contacts — which is to say, no day-to-day changes for users.
It’s been an eventful year for Isilon even before this acquisition was announced. In the Spring, they shook up their partner program, and in the Fall, they launched an entirely new one for storage support. And it sounds like EMC is planning on keeping that momentum going.
The VAR Guy will be keeping an eye on this acquisition, so keep watching for updates.