It Was Rough Negotiation Between EMC and Isilon

It was a rough negotiation between EMC and Isilon before they agree on the final price of $2.25 billion or $33.85 per share in cash, net of Isilon’s existing cash balance.

It began in the Spring of 2010 when a representative of EMC contacted Isilon’s CEO Sujal Patel. The first price offered by EMC was only  $27.50 per share and ended on November 15, 2010 with the official announcement of the deal after going up to $36 per share.

To read the complete document with all the steps of the negotiation and how much the Isilon’s executives will earn following the transaction