Isilon shares climb after Navteq picks its technology to use in data centers

By AP
Thursday, July 8, 2010

Isilon in deal with navigation company Navteq

SEATTLE — Digital-storage company Isilon Systems Inc. said Thursday that navigation-software maker Navteq is using its storage technology to help support its database of digital location content.

Working with a data center company, Datalink, Isilon said Navteq has implemented its storage technology across several international data centers.

Financial terms were not disclosed.

Shares of Isilon rose 62 cents, or 4.8 percent, to $13.55 in morning trading. In the past 52 weeks, the stock has traded between $3.85 and $15.50.

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