Submission + - NetApp acquires DataDomain
jmoen writes: "NetApp and Data Domain announced today they have entered into a definitive agreement under which NetApp will acquire all of the outstanding shares of Data Domain common stock for $25 per share in cash and stock. The transaction is valued at approximately $1.5B, net of Data Domain's cash. Data Domain is the leading provider of deduplication storage systems. Full press release at NetApp"