NetApp Inc. said “uncle” yesterday after EMC Corp. outbid it for a second time in its quest to acquire Data Domain Inc. But some industry observers believe EMC, in its zeal to acquire the ...
After weeks of tug of war, NetApp must concede defeat as EMC strikes a $2.1 billion deal to buy Data Domain. Lance Whitney is a freelance technology writer and trainer and a former IT professional. He ...
EMC’s all-cash bid to buy Data Domain is going to be hard to beat, according to Stifel Nicolaus analyst Aaron Rakers. EMC’s US$1.8 billion bid, announced Monday, is worth $30 per share in cash, a 20 ...
eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More. The “love triangle” involving data storage competitors ...
EMC Corp. may end up in a tussle to acquire California-based Data Domain Inc. On Monday the Hopkinton-based data storage company offered $1.8 billion in cash for Data Domain on the heels of an offer ...
NetApp couldn't outbid EMC for Data Domain. The company said Wednesday that it wouldn't up its offer for Data Domain and a proposed merger agreement was terminated. EMC will now acquire Data Domain ...
eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More. EMC on June 9 made its first move since tendering an ...
EMC has officially acquired majority ownership of storage vendor Data Domain after a bidding war with NetApp. After an initial stock purchase offering period ended Friday, EMC acquired 78.2 percent of ...
Some people find being spurned as a reason to be hostile. Others react by trying even harder for the object of their affections. EMC seems to be doing both, upping its hostile bid for Data Domain to ...
EMC has swooped in Monday with an $1.8 billion, or $30 a share, offer for Data Domain. The rub: Rival NetApp already had a plan to buy the company for $25 a share, or $1.5 billion. EMC said its all ...
Data Domain shareholders should reject EMC’s unsolicited takeover bid or risk being left without a suitor, Data Domain’s board of directors said Monday. In a filing with the U.S. Securities and ...
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