Friday, September 12, 2008

NetApp rumors

Recently the Executives at NetApp have been extemely quiet, which may have contributed to new rumors of a takover possibility for NetApp. One of our customers sent me this link and asked what I knew.

Could Takeover Rumors On NetApp (NTAP) Have Some Meat?

Michelle Leder's footnoted.org highlighted recently amended change in control agreements for NetApp, Inc. (NASDAQ: NTAP) CEO Daniel Warmenhoven and other unnamed executives. The changes come on the back of rumors the company could be the target of a takeover bid.
Michelle said it is possible the change was simply routine, but she is obviously noting this because amendments to change in control agreements sometime precede takeovers.


This was the first time I had heard of this rumor and all I can tell our customers and interested parties about this is that Zerowait will continue to provide the high availability service and support they expect from us for legacy NetApp products whether NetApp is acquired or not.

1 comment:

James Orlean said...

Interesting... I've heard a few rumors of possible NetApp acquisitions... but not them being acquired.

-James Orlean
http://www.StorageMonkeys.com