EMC Acquires XtremIO for $430,000,000

  • Feed Type
  • Date
    5/10/2012
  • Company Name
    XtremIO
  • Mailing Address
    25 Metro Dr San Jose, CA 95110
  • Company Description
    XtremIO is a privately held, venture-backed company founded in 2009. We are developing breakthrough storage system solutions based on innovative architecture and storage algorithms, utilizing solid-state drive (SSD) technologies. Our storage solutions address the growing challenges of modern IT infrastructure, creating value through dramatic gains in performance, efficiency, ease of management, and economics.
  • Website
    http://www.xtremio.com
  • Transaction Type
    M&A
  • Transaction Amount
    $430,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The acquisition was paid for with all cash.