Economies of ScaleIO: EMC Buys Israeli Virtual Storage Startup for Estimated $200-300 Million

Deal is EMC's second for an Israeli startup in a year, following 2012 acquisition of XtremeIO.

In another outsized transaction for Israel's high-tech industry, the U.S. data-storage company EMC Corporation said Thursday it had agreed to acquire ScaleIO, a startup that makes server-side storage software.