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:
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