Wednesday morning NetApp raised its offer for Data Domain to $30 a share to
match EMC’s bid. However, it can’t match EMC’s deeper pockets. It’s
still offering a mix of cash and stock but claims its new bid is really worth
$1.9 billion net of Data Domain’s cash.
By Wednesday evening Data Domain had again accepted its offer though its
stockholder may have something to say about that.
EMC is offering $1.8 billion in straight cash no financing. That’s $30 in
folding money compared to NetApp’s $16.45.
When last seen EMC, claiming the superior bid, had started a tender offer and
warne... (more)
Cisco Wednesday came up with entry-level rack-mounted versions of its
high-end Unified Computing System (UCS) that it means to push into the
channel where it will piggyback on resellers that already sell other
people’s machines.
That mean it’ll be stepping on even more toes than it already has by
entering the server market to begin with.
Resisting the volume label, Cisco positions the ne... (more)
NetApp has raised its offer for Data Domain to $30 a share to match EMC's
bid. However, it can't match EMC's deeper pockets. It's still offering a mix
of cash and stock but claims its new bid is really worth $1.9 billion net of
Data Domain's cash.
EMC is offering $1.8 billion in straight cash, no financing. That's $30 in
folding money compared to NetApp's $17.45.
In anticipation of a cou... (more)
Google, Yahoo, Apple and other big high-tech firms are under investigation by
the Justice Department for "negotiating the recruiting and hiring of one
another's employees," according to the Washington Post.
That's collusion and a nasty antitrust problem for them if true.
The paper, which quotes an unnamed source and gives no details, calls the
probe "industry-wide."
It's assumed the DOJ t... (more)
Jaimin Patel
Murali Varmaraja
Barak Kassar
AJ James
Franc Gagnon
Vicky Larmour
Cindy McCleish Ingram 
David Bressler
Robert Le Moine
David Hobson
Travis Siegfried
Christine Fife
