Posts tagged “NetApp”

July 14, 2009

Premium Lock Report: Number of high-tech sector layoffs highest since 2002

High-tech layoffs shrink in second quarter More than 118,000 jobs have been cut since January, outplacement firm reports. However, number of layoffs did drop sharply in second quarter.

July 10, 2009

Premium Lock After failed bid for Data Domain, is NetApp a target?

Some analysts see storage technology firm as vulnerable after it lost out to much-larger EMC in bidding for Data Domain.

Tags: EMC, NetApp
July 9, 2009

Premium Lock EMC wins battle for Data Domain; NetApp gets $57M breakup fee

Data Domain A bidding war over data storage company Data Domain is over, with EMC emerging as the victor.

Tags: EMC, NetApp
Updated July 8, 2009

Premium Lock Street's view on NetApp deal

What's The Street's view on the NetApp-Data Domain deal?

Updated July 7, 2009

Premium Lock NetApp mulls response to EMC's new $2.1B bid for Data Domain

NetApp's Dan Warmenhoven Fight for storage technology dominance enters new phase just as NetApp announces government approval for its Data Domain. EMC also say it has federal clearance to merge companies.

Tags: EMC, NetApp
Updated June 16, 2009

Premium Lock Bidding war for Data Domain ensures at least one winner – shareholders

Fund raising Regardless of whether EMC or NetApp wins the battle, Data Domain shareholders already have made a windfall. The firm's shares were selling under $20 when the NetApp deal was disclosed. After EMC entered the battle, shares shot as high as $34.35.

Tags: EMC, NetApp
Updated June 3, 2009

Premium Lock NetApp makes new bid higher than EMC for Data Domain

 Data storage company EMC Corp. is offering $30 per share, or $1.8 billion, for Data Domain Inc., one-upping a rival bid for the backup system provider from rival NetApp Inc.

Tags: EMC, NetApp
Updated May 21, 2009

Premium Lock NetApp to buy Data Domain in deal worth $1.5 billion

Daniel Warmenhoven CEO of data storage company, which operates campus in RTP, dismisses talk that his own company is a takeover target. NetApp shares drop on earnings report, news about acquisition.

Tags: NetApp
Updated April 16, 2009

Premium Lock NetApp's grim week: RTP lease buyback, $128M government fine

NetApp's main building in RTP Storage technology provider buys back leasing deals building in RTP, California. It also agrees to pay whopping fine after Justice Department fraud investigation.

Tags: NetApp
Updated February 26, 2009

Premium Lock Cisco's RTP campus escapes most cuts in 'limited restructuring'

Cisco not cutting many jobs in RTP Fewer than 30 Triangle employees are affected by cost-cutting, and several could find jobs within the networking giant. Company wide, Cisco is reducing work force by around 2,000 people.

Updated February 20, 2009

Premium Lock Information job market in N.C. is 'collapsing,' new survey reports

IT job openings plunge Job openings plunge more than 50 percent from a year ago. 'IT job-seekers may need to brace for a tough year before jobs return,' NCTA, recruiting firm say. Economist points out world has 'glut' of high-tech products.

Updated February 10, 2009

Premium Lock NetApp cuts 6% of work force ahead of earnings report

 Company doesn’t disclose locations where cuts are made; storage technology firm operates campus in RTP.

Updated January 22, 2009

Premium Lock SAS vaults to 20th in Fortune's '100 Best Companies' list

Fortune Several other firms with major presences in North Carolina also crack list. Among them: NetApp, which finished first, Cisco, Novo Nordisk, Cary-based Kimley-Horn and law firm Alston & Bird.

Updated October 29, 2008

Premium Lock IBM, NCSU to N.C. students: Get on the 'cloud'

Diagram of cloud computing process from VCL NCSU's Virtual Computing Lab, IBM team up for cloud computing initiative to make available more educational resources, computing power.

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