3 result(s) displayed (1 - 3 of 3):

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

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