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Posts tagged “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.

September 4, 2008

Premium Lock Senator Richard Burr to speak at NCTA’s National Leaders Symposium

NCTA The North Carolina Technology Association (NCTA) announced this week that Senator Richard Burr will be a featured speaker at its annual National Leaders Symposium later this month in Washington, D.C.

Updated May 15, 2008

Premium Lock Is Global TransPark really the ‘best thing we’ve got going’ in N.C.?

A 767 under construction at Spirit AeroSpace One tenant, albeit a big one, and 1,000 jobs pledged over a decade-long commitment at Kinston proves GTP backers right after nearly $90 million in state and federal subsidies?

May 13, 2008

Premium Lock ‘Top 100’ influential business survey bodes well for SAS

SAS Aberdeen Group report lists Red Hat 21st, SAS 30th, says demand for solutions offered by SAS is expected to grow.

Updated March 9, 2008

Premium Lock It’s Official: NetApp is New Name for Network Appliance

NetApp's main building in RTP As part of branding campaign, co-founder of data storage and technology firm also unveils new logo, Web site. The ‘whole shebang’ is changing, writes David Hitz in corporate blog. Moves come as NetApp shares give up half of value.

Tags: EMC, NetApp
February 14, 2008

Premium Lock Banking Woes to Take a Bite Out of NetApp Sales, CEO Says

Dan Warmenhoven Network Appliance to focus less on banks as customers, according to Dan Warmenhoven. Company also continues to add employees.

Tags: NetApp
Updated January 31, 2008

Premium Lock NetApp Promotes Exec Veteran to New President-COO Role

NetApp Long-time company president takes on role as vice chairman.

Tags: NetApp
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