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 con
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?
About the Author(s)
You May Also Like
The fuel in the new AI race: Data
April 23, 2024Securing Code in the Age of AI
April 24, 2024Beyond Spam Filters and Firewalls: Preventing Business Email Compromises in the Modern Enterprise
April 30, 2024Key Findings from the State of AppSec Report 2024
May 7, 2024Is AI Identifying Threats to Your Network?
May 14, 2024
Black Hat USA - August 3-8 - Learn More
August 3, 2024Cybersecurity's Hottest New Technologies: What You Need To Know
March 21, 2024