Netapp, No, EMC Purchases Data Domain!

Update – July 9th, 2009: Well, it looks like EMC won the bidding war! Data Domain has cancelled their agreement with Netapp and they have agreed to be purchased by EMC for $2.4B. Full story here:
http://www.cnbc.com/id/31829763/site/14081545?__source=yahoo%7Cheadline%7Cquote%7Ctext%7C&par=yahoo

Update – July 6th, 2009: According to SearchStorage.com, EMC has raised its offer for Data Domain to $2.1B. Full story is here:
EMC raises offer for Data Domain to $2.1B

It seems like a lot of companies are being purchased recently. Well, add Data Domain to that list, recently announced that they will be purchased by NetApp, for approximately $1.5B!

http://www.datadomain.com/news/press_rel_052009.html = Press Release

http://media.netapp.com/documents/announcement-faq-20090520.pdf = FAQ Regarding Acquisition

http://media.netapp.com/documents/announcement-presentation-20090520.pdf = Presentation Regarding Acquisition

This entry was posted in Data Domain by virtualdennis. Bookmark the permalink.

About virtualdennis

I have over 18 years helping small to large enterprise businesses nationwide with their enterprise storage, backup and recovery, disaster recovery and system virtualization solutions. He holds numerous storage and virtualization certifications and has personally delivered over 300 complex enterprise solution implementations. He has been privileged to speak at various national events on the topics of datacenter virtualization, end-user virtualization, hyper-converged infrastructure and disaster recovery.

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