EMC hikes offer for Data Domain, bidding escalates

EMC buys Data Domain, NetApp drops out of bidding
A bidding war over data storage company Data Domain is over, with EMC emerging as the victor.

EMC offers $1.8 billion for Data Domain
Data storage company EMC Corp. is offering $30 per share, or $1.8 billion, for Data Domain Inc., one-upping a rival bid for the backup system provider from rival NetApp Inc.

Netezza reports 1Q profit as revenue jumps 28 pct
Data storage company Netezza Corp. reported a fiscal first-quarter profit Tuesday on a 28 percent jump in revenue.

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