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05/06/2009 - NetApp Awaits EMC Response to Data Domain Bid
The bidding war for Data Domain stepped up this week after NetApp raised the stakes with rival EMC by making a new cash and stock offer of USD $1.9 billion.
This came two days after EMC's offer of USD $30 per share in a deal worth about USD $1.8 billion - around 20 per cent over the original USD $1.5 billion offered last month by NetApp.
22/05/2009 - NetApp Buys Data Domain For $1.5bn
NetApp announced this week that it has agreed to buy data backup and disaster recovery systems provider Data Domain Inc. for USD $25 per share in cash and stock, or about USD $1.5 billion.
The data storage company said it will operate Data Domain as a product line.
