socalTechnews
 
Home
Mobile
News and Events
  • Headlines
  • Events
  • Interviews
  • Jobs
  • Directory
    		•
    Members Only
  • Networking
  • Venture Deals
  • Venture Firms
  • Companies
    • About
  • Membership
  • About
  • Contact Us
    		•
    Search News
    Monday, March 10, 2008

    Iomega Reports EMC Bid For Firm
    San Diego-based Iomega Corporation reported today that it has received an unsolicited acquisition proposal from data storage giant EMC. According to Iomega, EMC offered to acquire the outstanding common stock of the firm for $3.25 per share. According to Iomega, its board of directors has determined that the poprosal from EMC would not constitue a superior proposal for the firm to the company's existing agreement with ExcelStor Great Wall Technology Limited. Iomega announced a merger with ExcelStor Great Wall Technology in December.
    posted on Monday, March 10, 2008

    Related companies:
    Iomega

    Related stories:
    > EMC Buys Iomega
    > Iomega Loses CFO
    > Iomega Gets New Buyout Offer From EMC
    > Symantec Adds Iomega REV Support
    > Iomega Cuts Staff, Reports Loss

    RSS Feed
    subscri be via emailNewsletter


    Previous news:

     Friday, May 9, 2008
    Thursday, May 8, 2008
    Wednesday, May 7, 2008
    Tuesday, May 6, 2008
    Monday, May 5, 2008