In the fight to own Data Domain, EMC hopes that raising its offer to $2.1 billion, or $33.50 per share, will tear the de-duplication company from the arms of storage rival NetApp. Offering over $200 million more could persuade Data Domain’s shareholders, who… Read More »
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With both NetApp and EMC eager to acquire Data Domain, the leading storage-efficiency company appears certain to be facing a future in the arms of a larger firm. Om in a post last week laid out some of the reasons why both companies are interested… Read More »
Joe Tucci, president and CEO of storage giant EMC, today issued an open letter wooing the employees of Data Domain, a company that has agreed to be purchased by EMC’s bitter rival NetApp. On May 20, NetApp offered $25 per share to acquire Data Domain in… Read More »
The $1.5 billion offer for de-duplication leader Data Domain from NetApp, which has its own de-duplication technology, was an indicator of just how far ahead of the game Data Domain is. And now rival EMC, sensing blood, is outbidding NetApp with its own cash offer. So… Read More »
Bravo to NetApp for acquiring Data Domain. For too long, NetApp has been downright timid in the M&A department, all the while being run around in circles by rival EMC. But with this deal, the battle for storage leadership is heating up once again. Not only… Read More »
Storage vendor NetApp said today it will buy Data Domain, a de-duplication firm, in a cash-and-stock deal valued at $25 a share, or $1.5 billion net of Data Domain’s cash. The deal will give NetApp more tools to offer customers in their attempts to stay… Read More »
