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NetApp Views Merger More Favorably

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Subscribers: Disregard NetApp Headline Dow Jones News - 8/15/2019 2:27:00 PM
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NeuroticTrader1   Tuesday, 01/18/11 12:14:25 AM
Re: None
Post # of 82 
NetApp Views Merger More Favorably
While the Brocade news appears to have some substance, the NetApp news appears to be more of a softening in stance between new CEO Tom Georgens and his predecessor, Chairman Dan Warmenhoven.

"This is America, and everything has its price," Georgens told Barron's. "At some point, it might make sense."

The article said HP could be a possible acquirer of NetApp — and the company has its eye on the data storage market after luring away EMC storage chief David Donatelli earlier this year.

Stay tuned. It's been a tumultuous year in the data storage industry, and it's not over yet.

(Sorry this is an old article from 10-5-09, but one to keep in mind as virtual storage continues to get white hot in 2011.)

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