EMC to buy Iomega
BIG IRON enterprise storage hardware, software and services vendor EMC announced Tuesday that it's buying Iomega for $213 million or $3.85 per share.
Iomega, an EMC company, has released single-drive eGo portable and desktop hard drives, including a new smaller model with up to 1TB in capacity, new SuperSpeed USB 3.0 portable and desktop models, and new FireWire 800 Mac edition portable and desktop HDDs with up to 2TB of capacity.