Storage Informer
Storage Informer

EMC to Acquire Data Domain

by on Jul.07, 2009, under Storage

EMC to Acquire Data Domain

EMC logo EMC to Acquire Data Domain

EMC Corporation (NYSE: EMC) today announced that it has entered into a definitive agreement with Data Domain, Inc. (NASDAQ: DDUP), a leading provider of deduplication storage solutions, under which EMC will acquire Data Domain in a cash tender offer for $33.50 per share. The transaction is expected to have a total enterprise value of approximately $2.1 billion, net of Data Domain¡¦s cash.

EMC Corporation (NYSE: EMC) today announced that it has entered into a definitive agreement with Data Domain, Inc. (NASDAQ: DDUP), a leading provider of deduplication storage solutions, under which EMC will acquire Data Domain in a cash tender offer for $33.50 per share. The transaction is expected to have a total enterprise value of approximately $2.1 billion, net of Data Domain¡¦s cash.
Update your feed preferences

URL: http://emcfeeds.emc.com/rsrc/link/_/emc_to_acquire_data_domain__707894683?f=84f8d580-01de-11de-22d1-00001a1a9134

:, , , , , , ,

Leave a Reply

Powered by WP Hashcash

Looking for something?

Use the form below to search the site:

Still not finding what you're looking for? Drop a comment on a post or contact us so we can take care of it!

Visit our friends!

A few highly recommended friends...