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Deals

Isilon seeks bidders for possible sale: report

CHICAGO (Reuters) - Data storage firm Isilon Systems Inc is seeking bidders for a possible sale of the company, Bloomberg reported on Saturday, citing two people briefed on the matter.

Seattle-based Isilon hired Qatalyst Partners, run by technology banker Frank Quattrone, to look for buyers, according to the report. An Isilon spokesman was not immediately available for comment.

Analysts have speculated that Isilon might be a potential target for Dell Inc, which lost a bidding war to Hewlett-Packard Co for data storage company 3PAR Inc in September.

Shares of Isilon rose 83 cents, or 3.73 percent, to close at $23.11 on Friday. Shares have more than tripled since the beginning of the year.

Reporting by Mark Weinraub; Editing by Will Dunham

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