EMC
Corporation (NYSE:EMC) added 1.81% to $21.9021.90. The company announced
commencement of a cash tender offer to purchase all outstanding shares of
common stock of Isilon Systems, Inc. for $33.85 in cash without interest and
less any required withholding taxes.
The tender offer is being made pursuant to a previously announced
merger agreement dated November 14, 2010 among EMC, Electron Merger
Corporation, a wholly-owned subsidiary of EMC, and Isilon.
Seagate
Technology PLC (NASDAQ:STX) soared 5.13% to $14.95. The 52-week range of
the stock is $9.84-$21.58. The stock went down more than 17% year-to-date.
The
stock opened at $14.40 and was trading within the range of $14.39-$14.96. At
current market price, the market capitalization of the company stands at $7.07
billion.
Brocade
Communications Systems, Inc. (NASDAQ:BRCD) went up 1.57% to $5.81. The
52-week range of the stock is $4.64-$8.24. The stock went down more than 23%
year-to-date.
The
stock opened at $5.74 and was trading within the range of $5.67-$5.83. At
current market price, the market capitalization of the company stands at $2.63
billion.
NetApp
Inc. (NASDAQ:NTAP) is trading 2.69% lower to $51.69. The 52-week
range of the stock is $28.92-$57.96. The stock went up more than 50%
year-to-date.
The average daily volume of the stock is 6.70 million shares. At
current market price, the market capitalization of the company stands at $18.46
billion.
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