No. 1 Story
ACCC clears Optus to scrap HFC network and use NBN instead
The ACCC has cleared, provisionally, the proposed deal between Optus and NBN Co under which Optus is to be paid around $800m to shut down its HFC network and transfer customers onto the NBN. read moreMore From
EMC tops NetApp's offer for Data Domain
Jake Widman
Wednesday, 03 June 2009 00:37
Page 1 of 2
EMC has offered US$30 per share to acquire deduplication specialist Data Domain. The amount is five dollars a share higher than the NetApp offer already on the table.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.
You think you have a disaster recovery plan?
Think again. Most businesses only have PART of a DR plan - and this spells business disaster in the event of an IT disaster.
Download The Seven Sins of Disaster Recovery White Paper now and find out how you can prevent this happening to you.
