Thursday, March 14, 2013

Report: SoftLayer In Talks With IBM, EMC About $2B Buyout

Dallas-based SoftLayer, the Internet, cloud hosting service provider, is in talks with IBM, EMC, and others on a possible buyout, according to a report from Reuters Thursday afternoon. Reuters said SoftLayer has hired investment bankers Morgan Stanley and Credit Suisse to manage the sale. SoftLayer has been among the fastest growing Texas companies over the last few years.