Looking Back: Top 10 Storage Stories for 2009By Steve Wexler | Posted 2009-12-14 Email Print
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As we wrap up a troubled 2009 and look towards a brighter 2010, a number of storage-related stories stand out as the top news candidates, ranging from increasing demand for capacity coupled with decreasing price tags to the ongoing soap opera that is poor Sun Microsystems. The following are Channel Insider's choices for the top 10 news stories for 2009.
#2 Data Domain Dumps NetApp At The Altar
As soap operas go, the on-and-off-and-on-and-off-again romance of deduplication dabbler Data Domain and NetApp had a good run, with EMC finally emerging as the winning suitor. After agreeing to be acquired by NetApp in May for $1.5 billion, a bidding war ensued that ended up with EMC shelling out $2.1 billion -- and a $57-million breakup fee to the jilted NetApp -- in July.
What remains to be seen is how EMC will recoup its investment in a company whose last-reported sales -- first quarter 2009 -- were $79 million. On the positive side, that was an increase of 50 percent year-over-year, and with data storage growing at 50-plus percent per year, there should be a huge demand for deduplication capabilities.