EMC splashes the cash on XtremIO's flash

EMC has snapped up flash storage specialist XtremIO for $430m (266m), nearly a month after rumours linking the two firms first surfaced.

EMC appears to have been courting the flash-based storage vendor for a while, after its senior executives were reported to have visited XtremIO's offices in Israel last month to discuss a takeover.

XtremIO is the sixth vendor EMC has acquired in Israel, which is also home to one of its research and development centres.

In a statement, the storage giant said XtremIO's technology would fit in well with its existing range of Flash-based arrays, which are featured in its VMAX, VNX and Isilon ranges.

XtremIO was set up in 2009 and, according to a post on its website, was due to start shipping its first products to customers later this year.

In a statement, Pat Gelsinger, president and chief operating officer at EMC, said: "XtremIO brings an amazing technology with a fantastic team that's captured praise from early-view customers and the [IT] industry.

"We fully expect XtremIO technology, once introduced to market, to have a tremendous impact on our customer's ability to [make use of] the unique advantages of all-Flash storage across many of their most demanding applications."