NetApp Ups the Ante in Battle for Data Domain

Linsenbach, Sharon
June 2009
Channel Insider;6/3/2009, p1
The article reports on the offering of NetApp Inc. to acquire Data Domain Inc. It is mentioned that NetApp initially offered 1.5 billion dollars to Data Domain but EMC Inc. bid to offer 1.8 billion dollars. Since then, NetApp raised its bid to 1.9 billion dollars which include cash and stocks, or about 30% per share, According to NetApp chief executive officer Dan Warmenhoven that their strategic rationale would still be the same with greater opportunity for both companies and for customers.


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