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Company Statement: EMC to acquire Iomega

( April 9, 2008, 09:02 GMT | Official Statement) -- ****************************************9 April 2008 - EMC Corporation, the world leader in information infrastructure solutions, and Iomega Corporation, a global leader in data storage and protection for consumers and small businesses, today announced a definitive agreement for EMC to acquire San Diego-based Iomega in a cash tender offer of $3.85 per outstanding share, or approximately $213 million. The addition of Iomega's products, brand name, route to market and industry expertise will enhance EMC's reach and focus in the rapidly-growing consumer and small business markets....

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