Vendors That Survived the Recession: 2009 Dire Predictions Revisited
Demise Prediction Rate: 21%
January 2009 Market Cap: $4.86 billion
December 2009 Market Cap: $11.58 billion
NetApp is the vendor on everyone’s shopping list. Rumors are persistent that IBM, Cisco, EMC or HP might buy the storage vendor to bolster their portfolios. IBM, which sells about 20 percent of NetApp’s gear, is the prime suitor in any acquisition scenario. NetApp seemed exceedingly vulnerable when it lost the bidding war for Data Domain to EMC. But NetApp continues to post success after success. As one analyst said, "Everyone wants to buy NetApp, but it just keeps getting too expensive."