The InformationWeek -- Blogs
Welcome Guest. | Log In| Register | Membership Benefits

Storage Blog

Topics:   Backup and Business Continuity : Storage

  • Email this page E-mail this page
  • Print this page Print this page
  • Bookmark and Share
  • icon

Why Did EMC Buy Iomega?


Posted by Howard Marks, Apr 9, 2008 10:14 PM

By now you've read the news reports that EMC bought Iomega for $213 million. I can't help but wonder what they got that was worth it. Back in the days when 100 MB Zip disks were the easiest way to move more than a floppy's load of data from one place to another, Iomega was a force to be reckoned with. Today it sells USB hard drives, low-end NAS boxes running Windows Storage Server, and the REV removable media hard drive. Why would EMC, king of the services sale, want to enter the low-margin consumer market where it will compete with Seagate and Western Digital? Even if it does, is the Iomega name worth $200 million? I really can't believe it was desperate for the REV technology. What do you think?


« Five New Virtualization Security Vendors | Main | Fujitsu Releases DR Disk Array Bundle »



Sign Up Now
For InformationWeek News Alerts




This is a public forum. United Business Media and its affiliates are not responsible for and do not control what is posted herein. United Business Media makes no warranties or guarantees concerning any advice dispensed by its staff members or readers.

Community standards in this comment area do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this comment area becomes the property of United Business Media LLC and may be edited and republished in print or electronic format as outlined in United Business Media's Terms of Service.

Important Note: This comment area is NOT intended for commercial messages or solicitations of business.




 
 

  1. Visual Basic 10 Beta 2 Also Supports Task-Based Programming
  2. Here's to the First Responders!
  3. HPC Joins the Dummy Revolution?


Join The InformationWeek Group On LinkedIn


                           


  1. Susan Boyle Beats Michael Jackson On YouTube In '09
  2. Fake Steve Jobs' 'Operation Chokehold' To Strangle AT&T?
  3. Microsoft Offers Bing iPhone App
  4. Android Round-Up: 20k Apps, Facebook Update, OS2.1 Ported
  5. Verizon Wi-Fi Program Bypasses Smartphone Users


  1. Plurk Might Sue Microsoft For Code Theft
  2. Facebook Hit With FTC Complaint
  3. Massive Outage Hits BlackBerry Service
  4. NASA Launches Portable Cloud Effort
  5. Government Grapples With EMR Security, Privacy
  6. IBM Rational Tools Aid Smart Device Makers

 

  Ars Technica
Boing Boing
Channel 9 Forums
CRN Blogs
Dr.Dobb's Portal: Blogs
Engadget
Gizmodo
GrokLaw
  Lifehacker
Schneier on Security
Slashdot
TechCrunch
Techdirt
Techmeme
Valleywag

  DECEMBER 2008
NOVEMBER 2008
OCTOBER 2008
SEPTEMBER 2008
AUGUST 2008
JULY 2008
JUNE 2008
MAY 2008
  APRIL 2008
MARCH 2008
FEBRUARY 2008
JANUARY 2008
DECEMBER 2007
NOVEMBER 2007
OCTOBER 2007
SEPTEMBER 2007