NetApp grabs Data Domain in $1.5B transaction (Dealscape

Storage system provider NetApp Inc. late Wednesday announced a plan to acquire Data Domain Inc. for $1.5 billion, net of the target's cash.

Sunnyvale, Calif.-based NetApp's $25 per share cash and stock offer represents a 40% premium to Data Domain's closing price Wednesday of $17.91.

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NOT A SUBSCRIBER? NetApp grabs Data Domain in $1.5B transaction Posted on May 21, 2009 12:32 PM Storage system provider NetApp Inc. late Wednesday announced a plan to acquire Data Domain Inc. for $1.5 billion, net of the target's cash. Sunnyvale, Calif.-based NetApp's $25 per share cash and stock offer represents a 40% premium to Data Domain's closing price Wednesday of $17.91. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button. Dig deeper, with Pipeline. 929 in-depth reports of M&A deals in the Technology sector 160 company pages related to Data 18 articles related to Data Domain 17 articles related to NetApp 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Skadden Arps Amusement parks Deb Shops Windstream Corp. Diedrich Coffee Hanna Andersson Tween Brands Entertainment Lazard Lyondell Chemical		EXISTING USERS Username Password Forget your password? Missing a product?

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