Investor’s Business Daily – The No. 1 data storage systems vendor will pay $33.85 a share for Isilon Systems (NMS:ISLN), which sells midrange storage systems, an area EMC needs to beef up, analysts said. The acquisition is the latest in a wave of storage deals. EMC is competing with IBM , Hewlett-Packard , Dell (NMS:DELL) and Oracle (NMS:ORCL) for storage dominance. HP this year bought 3Par for $2.4 bil after a bidding war with Dell. IBM then unveiled plans to buy France’s Netezza for $1.7 bil. EMC on Mon. also affirmed its 2010 outlook for $16. …