EMC wins the bidding war for Data Domain - Blogging Stocks

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EMC wins the bidding war for Data Domain
Jul 09, 2009 07:20 PM UTC

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Filed under: Deals, EMC Corp (EMC)

To get a valuation juiced up, all it takes is two bidders. And, that's what Data Domain (NASDAQ: DDUP) got. The data deduplication company has been the target of two rival bidders: NetApp (NASDAQ: NTAP) and EMC (NYSE: EMC).

Well, today the wrangling stopped -- with EMC as the victor. The company has agreed to shell out $2.4 billion for Data Domain.

Continue reading EMC wins the bidding war for Data Domain

EMC wins the bidding war for Data Domain originally appeared on BloggingStocks on Thu, 09 Jul 2009 14:20:00 EST. Please see our terms for use of feeds.

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