Feeds

Cloudfather withdraws after Isilon blows it

High price repels EMC

HP ProLiant Gen8: Integrated lifecycle automation

The Wall Street Journal reports that EMC has lost interest in buying scale-out filer supplier Isilon.

Isilon makes clustered filters that are used in movie post-production work and other applications with a great number of files needing multiple accesses. This is a growing application area unsuited to EMC's Celerra filer.

It has been reported that Isilon had turned to Frank Quattrone's Qatalyst Partners to assess potential buyer interest following Qatalyst's role in selling 3PAR to HP after a bidding war with Dell.

The Journal reports that Isilon wanted a high price, based on recent share price rises, whereas EMC wanted a lower price. El Reg has been told by people quite close to the matter that Isilon over-played its hand and blew it because it, or Qatalyst, wanted a bidding war along the lines of the HP and Dell battle over 3PAR.

EMC boss Joe Tucci, known to some now as the Cloudfather, found it was a deal he could refuse.

When news of EMC's disengagement broke Isilon shares dipped from $27.87 to $26.07, not a large fall by any means, indicating investors are still hopeful a deal can be struck. ®

Reducing security risks from open source software

More from The Register

next story
Sysadmin Day 2014: Quick, there's still time to get the beers in
He walked over the broken glass, killed the thugs... and er... reconnected the cables*
SHOCK and AWS: The fall of Amazon's deflationary cloud
Just as Jeff Bezos did to books and CDs, Amazon's rivals are now doing to it
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
US judge: YES, cops or feds so can slurp an ENTIRE Gmail account
Crooks don't have folders labelled 'drug records', opines NY beak
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
BlackBerry: Toss the server, mate... BES is in the CLOUD now
BlackBerry Enterprise Services takes aim at SMEs - but there's a catch
The triumph of VVOL: Everyone's jumping into bed with VMware
'Bandwagon'? Yes, we're on it and so what, say big dogs
Carbon tax repeal won't see data centre operators cut prices
Rackspace says electricity isn't a major cost, Equinix promises 'no levy'
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.