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EMC in Talks to Buy Israeli ScaleIO for Quarter Billion Dollars

By Jewish Press News Desk

|

June 23, 2013, 7 AM ET

EMC, or its subsidiary VMWare are in talks to acquire the Israeli company ScaleIO for between $200 and $250 million, according to a report in Globes .

ScaleIO was founded in 2010, and has 20 employees split between Israel and Palo Alto, with sales of less than $1 million.

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