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Virtualization: Article

Data Domain Sinks into EMC

Complete acquisition is expected by the end of the month when EMC says Data Domain will be the start of a new division
By Maureen O'Gara
Article Rating:
July 26, 2009 08:00 PM EDT
Reads:
 539

EMC took 78.2% control of Data Domain at end of business last Friday. Complete acquisition is expected by the end of the month when EMC says Data Domain will be the start of a new production division focused on next-generation disk-based backup, recovery and archiving solutions. The division will be run by Data Domain CEO Frank Slootman under EMC CEO Joe Tucci. EMC is promising to invest and says it expects the division to grow revenue at “significant” double-digit rates and hit a billion dollars by next year.

Published July 26, 2009 – Reads 539
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About Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025.

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