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Mergers & Acquisitions

Jul. 22, 2003

EMC Buys Legato for $1.3 Billion in Stock

By Toni Vranjes In a bid to expand its presence in the information-storage business, EMC Corp. will acquire Legato Systems Inc. of Mountain View for $1.3 billion in stock.

By Toni Vranjes
        In a bid to expand its presence in the information-storage business, EMC Corp. will acquire Legato Systems Inc. of Mountain View for $1.3 billion in stock.
        Hopkinton, Mass.-based EMC manufactures hardware that stores data, while Legato makes various types of ...

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