Will Create Networking Industry Powerhouse with a Proven, Edge-to-Data Center Set of Solutions and Global Reach
NetApp (NASDAQ:NTAP) and Data Domain (NASDAQ:DDUP) announced today they have entered into a definitive agreement under which NetApp will acquire all of the outstanding shares of Data Domain common stock for US$25 per share in cash and stock. The transaction is valued at approximately US$1.5B, net of Data Domain’s cash.
