The Grill: Tom Georgens
Tom Georgens, CEO at NetApp Inc., discusses how the loss of the bidding war for Data Domain will affect NetApp, as well as what's in store for the company in terms of virtualization, cloud computing and other possible technology company buyouts.
NetApp, VMware light up new green data centers
NetApp and VMware have each built highly efficient new data centers designed to provide millions of dollars of savings on energy.
NetApp to review counteroffer for Data Domain
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.
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.
Data Domain board rejects EMC's $1.8B offer, recommends NetApp merger
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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- Dann
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The Grill: Tom Georgens