EMC Wednesday introduced the fruit of many acquisitions, organic development and integration work with its Ionix IT management software and services portfolio, which the vendor says will help customers more easily control next-generation networks.
EMC has apparently stared down NetApp and won the bidding war over de-duplication and backup vendor Data Domain. But NetApp will walk away from the failed negotiations with a cool $US57 million.
In light of a new buyout offer for Data Domain Inc. by EMC Corp., NetApp Inc. said today it plans to review "all of its options" in considering a counteroffer for the deduplication vendor.
EMC has extended from June 29 to July 10 the deadline on its $US1.8 billion offer to purchase all outstanding shares of storage backup vendor Data Domain, in an effort to entice Data Domain to abandon a deal with NetApp.
Data Domain's board is asking stockholders to reject EMC's unsolicited offer to purchase the company, and instead approve a merger with NetApp.
EMC chief executive Joe Tucci is making his case directly to the employees of Data Domain, the de-duplication and backup company that is subject to a bidding war between rivals EMC and NetApp.
NetApp has claimed victory in the bidding war with EMC over Data Domain, a vendor of deduplication storage systems, though EMC insists its all-cash offer is superior to NetApp's, which combines cash and stock.
The price for Data Domain is going up fast, as NetApp Wednesday morning tried to outspend EMC by offering US$1.9 billion to purchase the storage company.
EMC on Monday moved to head off NetApp's proposed acquisition of data de-duplication vendor Data Domain, offering about US$1.8 billion compared with NetApp's May 20 bid of $1.5 billion.
EMC on Monday moved to head off NetApp's proposed acquisition of data de-duplication vendor Data Domain, offering about US$1.8 billion compared with NetApp's May 20 bid of $1.5 billion.
EMC Wednesday announced plans to acquire Configuresoft, a maker of server configuration, change and compliance management software, for an undisclosed sum.
Former EMC executive David Donatelli has been cleared by a US court to work for Hewlett-Packard, but must keep away from storage technology development because a noncompete clause requires him to steer clear of that area for a year.
EMC Corp. on Tuesday announced Storage Configuration Advisor (SCA), a hardware-software combination designed to alert IT managers to configuration errors in storage-area networks (SANs).
A state court in Massachusetts Monday issued a temporary order barring a former EMC top storage executive from joining Hewlett-Packard as its executive vice president for enterprise servers, storage and networking citing a noncompetitive agreement.
Top EMC storage executive David Donatelli has abruptly left the company to join rival Hewlett-Packard Co. as executive vice president for enterprise servers, storage and networking, HP announced yesterday.