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VIRTUALISATION EMC tops NetApp's offer for Data Domain
VIRTUALISATION EMC tops NetApp's offer for Data Domain | EMC tops NetApp's offer for Data Domain |
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| by Jake Widman | |
| Wednesday, 03 June 2009 | |
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Data Domain provides deduplication storage systems; the company claims that its technology reduces storage requirements by ten to thirty times. NetApp offers heterogeneous (disk- and tape-based) storage systems and saw the Data Domain acquisition as the key to the growing disk-based backup market. The deal was far enough along that the May 20 announcement called it a "definitive agreement." EMC, however, doesn't think that "definitive agreement" means "done deal." The provider of "information infrastructure" (read storage, management, and security) systems has jumped in with a $1.8 billion offer, or $30 per share. For more on EMC's proposal, see Page 2. |
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