5 result(s) displayed (1 - 5 of 5):

EMC-Data Domain 'integration' ambles on (from Corporate Dealmaker)

When EMC Corp. (NYSE:EMC) completed its $2.2 billion acquisition of Data Domain Inc. in late July, the two hadn't interacted much. In fact, EMC didn't get a chance to poke around Data Domain until mid-July. That was when its unsolicited bid for Data Domain finally prevailed over that of rival...

Posted on September 11, 2009 1:09 PM

EMC acquires most of Data Domain (from Corporate Dealmaker)

EMC Corp. (NYSE:EMC) said it acquired majority ownership of Data Domain Inc. (NASDAQ:DDUP). The deal, which provided New Enterprise Associates with a major payday, comes at a time when companies are trying to slash costs to combat losses from operating in the economic downturn. EMC now controls about 82% of...

Posted on July 20, 2009 4:24 PM

Tech companies 'much less bearish' on deals (from Corporate Dealmaker)

Cash-rich tech giants are showing signs of a willingness to open their coffers to acquire startups and rivals. The tech-focused section of our sister blog Dealscape highlighted data from the 451 Group showing conditions have stabilized to some degree for tech acquirers and potential targets alike.Leading the way this...

Posted on June 22, 2009 3:06 PM

EMC: Cash is king; NetApp questions motives (from Corporate Dealmaker)

Rather than raising its bid, data storage giant EMC Corp. (NYSE:EMC) says its offer to acquire Data Domain Inc. (NASDAQ:DDUP) for $30 per share, or $1.9 billion, is superior to the part-stock counteroffer made by NetApp Inc. (NASDAQ:NTAP). NetApp first offered $1.5 billion, or $25 per Data Domain share, on...

Posted on June 4, 2009 9:16 AM

NetApp raises Data Domain bid (from Corporate Dealmaker)

Bid, counterbid. Storage system provider NetApp Inc. (NASDAQ:NTAP) has raised its bid for Data Domain Inc. (NASDAQ:DDUP) by $400 million to $1.9 billion, net of the target's cash, matching a bid by storage giant EMC Corp. (NYSE:EMC).NetApp first offered $1.5 billion, or $25 per Data Domain share, on May 20....

Posted on June 3, 2009 8:31 AM