The "love triangle" involving data storage competitors NetApp and EMC and the object of their affections, storage systems and deduplication provider Data Domain, took a second turn June 3 when the Data Domain board of directors unanimously accepted a revised $1.9 acquisition offer from NetApp that it had received earlier in the day.
However, EMC, the world’s largest storage infrastructure supplier, is trying to break up the corporate nuptials by attempting a hostile-bid takeover with its June 1 bid amounting to $1.8 billion in cash, eclipsing NetApp’s original May 20 offer of $1.5 billion in cash and stock.
EMC is an aggressive, acquisition-oriented company with a great deal of cash and liquid assets that is accustomed to getting what it wants, so it is possible that the bidding war is not over. EMC has taken over about 50 storage- and security-related companies in the last six years.
In response to the day’s two developments, EMC spokesperson Michael Gallant referred eWEEK to EMC President, CEO and Chairman Joe Tucci’s statement released June 1 with the $1.8 billion offer.
BEMO CEO Bruno Lecoq explains why SMBs should secure their data before deploying Microsoft Copilot and how to govern AI agents and control costs.
MSPs are using internal AI to automate support tickets and free technicians for security, strategy, project work, and other higher-value services.
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Google and the NCSC warn of growing AI security risks. Here’s what agentic attacks and shadow AI mean for MSPs, MSSPs, and channel partners.
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BEMO CEO Bruno Lecoq explains why SMBs should secure their data before deploying Microsoft Copilot and how to govern AI agents and control costs.
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Link to Video: GTIA Acquires ASCII Group: What Changes for MSP members?Video: GTIA Acquires ASCII Group: What Changes for MSP members?GTIA’s acquisition of the ASCII Group brings two influential IT channel communities together while raising important questions about member benefits, community culture and the future of MSP advocacy.
Link to Salesforce, Microsoft Signal New Enterprise AI ShiftSalesforce, Microsoft Signal New Enterprise AI ShiftSalesforce, Nvidia and Microsoft are shifting enterprise AI toward workflows, creating new integration, governance and services opportunities for partners.
Link to How Confidential Computing Can Unlock Healthcare AIHow Confidential Computing Can Unlock Healthcare AIPromevo CTO John Pettit explains how confidential computing can secure healthcare AI data and create new opportunities for channel partners.
Link to AI Security Risks Grow as Agentic Attacks AccelerateAI Security Risks Grow as Agentic Attacks AccelerateGoogle and the NCSC warn of growing AI security risks. Here’s what agentic attacks and shadow AI mean for MSPs, MSSPs, and channel partners.
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