Who is eating who? NetApp acquires Data Domain for $1.5 Billion

http://www.bloomberg.com/apps/news?pid=20601087&sid=ahI4wDIR9EUw&refer=home

May 21 (Bloomberg) -- NetApp Inc. Chief Executive Officer Daniel Warmenhoven announced plans to buy Data Domain Inc. for $1.5 billion and disputed the notion that his own company was a takeover target.

Analysts have named Sunnyvale, California-based NetApp as a possible takeover target by Cisco Systems Inc., International Business Machines Corp. and Hewlett-Packard Co. Warmenhoven said in a telephone interview yesterday that reports of his own company being acquired soon are “greatly exaggerated.”