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It remains to be seen how long IBM Corp.'s (NYSE:IBM) suit against David Johnson, the company's former VP of corporate development, will impede him from taking up his full responsibilities in a similar role at rival Dell Inc. (NASDAQ:DELL).Meanwhile, there's a new report from the 451 Group to remind us...
Posted on June 30, 2009 1:51 PM
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
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
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
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