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EMC raises bid for Data Domain to $2.1 billion

EMC on Monday increased its offer to acquire storage vendor Data Domain from $1.8 billion to $2.1 billion. The all-cash offer is "clearly superior" to NetApp's $1.9 billion proposal, which includes stock and cash, EMC CEO Joe Tucci said in a letter to Data Domain's board that EMC publicly released.

posted by ITworld staff | News | Storage | 07/06/09 at 8:51 am | data deduplication, Data Domain, EMC, m&a, NetApp

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