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NetApp to review counteroffer for Data Domain

Posted July 6, 2009 - 4:24 pm

In light of a new buyout offer for Data Domain Inc. by EMC Corp., NetApp Inc. said today it plans to review "all of its options" in considering a counteroffer for the deduplication vendor.
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EMC raises bid for Data Domain to $2.1 billion

Posted July 6, 2009 - 8:51 am

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.
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EMC extends deadline for its Data Domain bid

Posted June 29, 2009 - 10:43 am

EMC's $1.8 billion offer extended by 11 days
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Data Domain board rejects EMC's $1.8B offer, recommends NetApp merger

Posted June 15, 2009 - 4:21 pm

Data Domain's board is asking stockholders to reject EMC's unsolicited offer to purchase the company, and instead approve a merger with NetApp.
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EMC's Tucci makes his case to Data Domain employees

Posted June 9, 2009 - 8:03 pm

With bidding war between EMC and NetApp still unresolved, EMC chief executive Joe Tucci issues open letter to Data Domain employees.
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Data Domain asks shareholders to wait on EMC buyout offer

Posted June 5, 2009 - 11:48 am

Data Domain's board on Thursday told its stockholders to await recommendation on an unsolicited, all-cash offer by EMC when weighing NetApp's more recent bid, which tops EMC's by $100,000.
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Analysis: EMC doesn't need Data Domain, but damages chief rival NetApp

Posted June 5, 2009 - 11:39 am

Many industry observers believe EMC isn't all that interested in Data Domain and instead began a bidding battle to force its nemesis NetApp to raise its offer for the de-duplication vendor. If they are right, the plan has worked brilliantly.
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Data Domain accepts new NetApp offer

Posted June 4, 2009 - 9:03 am

NetApp has claimed victory in the bidding war with EMC over Data Domain, a vendor of deduplication storage systems, though EMC insists its all-cash offer is superior to NetApp's, which combines cash and stock.
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Bidding war: NetApp counters EMC for Data Domain with $1.9B offer

Posted June 3, 2009 - 10:06 am

NetApp Inc. today said it will offer $1.9 billion to buy data de-duplication vendor Data Domain Inc. to beat out EMC's $1.8 billion offer for the company.
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EMC bids $1.8 billion for Data Domain

Posted June 1, 2009 - 7:16 pm

EMC on Monday moved to head off NetApp's proposed acquisition of data de-duplication vendor Data Domain, offering about $1.8 billion compared with NetApp's May 20 bid of $1.5 billion.
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NetApp's $1.5B purchase of Data Domain focuses on de-dupe, backup

Posted May 21, 2009 - 8:34 am

NetApp has agreed to purchase Data Domain for $1.5 billion in a deal that will bolster the storage company’s ability to de-duplicate data and provide backup for systems from rival vendors such as EMC and HP.
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NetApp to acquire Data Domain for $1.5 billion

Posted May 20, 2009 - 7:43 pm

Storage vendor NetApp has agreed to acquire Data Domain, a maker of disk-based backup products, for about $1.5 billion, the companies announced Wednesday.
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