Tuesday, June 2, 2009

Tech Insider - GigaOM - Salon.com

Tech Insider - GigaOM - Salon.com: "Why Both EMC & NetApp Want Data Domain
By Om Malik

EMC Corp. announced yesterday its desire to buy Data Domain, a data backup company, for $30 a share, or roughly $1.8 billion in cash.

The real deal is for de-duplication and effective replacement of tape by drives (Cloud Storage?) as enterprise backup. Control the TBytes of backup with removal of old duplicated files. It's worth a lot of money . . .

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