Businessweek -
Nov. 28 (Bloomberg) -- NetApp Inc.’s need for acquisitions to help
regain $7 billion in lost market value and keep up with data-storage
rival EMC Corp. may put CommVault Systems Inc. and Quantum Corp. in its
sights.
NetApp, which sells hardware and software to more
efficiently store and access data, had slumped 38 percent in 2011
through last week, almost five times more than the Standard & Poor’s
500 Index, as sales fell short of analysts’ estimates, according to
data compiled by Bloomberg. With cash at the Sunnyvale, California-based
company reaching a record this year, NetApp should now use its $4.64
billion for takeovers as revenue growth slows, said ISI Group. ... 続きを読む
