Shares of Isilon systems roared higher on Friday as rumors and takeover chatter loomed on Wall Street. It's now official - The data storate firm is on the for sale block. Analysts believe Dell Inc., who lost the bid for 3PAR Inc, may be interested in the acquisition of the company.
Isilon Systems' shares are up 236% year to date and Andy Kibbens sees the stock trading even higher from here. "This company is a hidden gem. Not many people no about it and its definately a strong contender in the data storage market" said Kibbens when asked about the takeover chatter.
