on Wednesday, its first day of trading as a publicly listed company. Data Domain’s shares were recently trading up $8.05, or 54%, to $23.05 after its successful initial public offering Tuesday. Its ...
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 ...
This was originally published at ZDNet's Between the Lines. NetApp said Wednesday that it will acquire Data Domain for $1.5 billion, or $25 a share. Data Domain makes de-duplication storage systems ...
SAN FRANCISCO (MarketWatch) -- NetApp Inc. on Wednesday pulled the plug on its efforts to acquire Data Domain Inc., opening the way for EMC Corp. to follow through with its $2.1 billion bid to buy the ...
With data storage requirements growing astronomically, backup windows shrinking dramatically and the cost and administrative problems of tape management getting out of hand, users are looking for ways ...
When Data Domain agreed to be acquired by NetApp for $1.5 billion in May, the storage company may have undervalued itself by nearly $1 billion. Competing bidder EMC agreed this week to buy the ...