John Paczkowski

Recent Posts by John Paczkowski

Data Domain to EMC: I Don't Like You in That Way

Thought the showdown over Data Domain was over already? Think again. Wednesday afternoon NetApp (NTAP) said Data Domain (DDUP) had accepted its offer of $30 a share in cash and stock over an identical all-cash bid from EMC (EMC).

Apparently, Data Domain’s board did not find EMC’s offer to be the “win-win for both companies” that CEO Joe Tucci claimed. That said, its shareholders might. Apprised of the NetApp-Data Domain deal, EMC quickly issued a statement saying it plans go to the mat over this one. “EMC’s all-cash tender offer remains superior to NetApp’s proposed part-stock merger transaction,” Tucci said in a statement. “We are proceeding with our superior cash tender offer, which is not subject to any financing or due diligence contingency. We do not believe that the Data Domain stockholders will approve the merger transaction with NetApp. EMC urges the Board of Directors of Data Domain to not take any actions that would further impede a transaction that is a superior alternative for Data Domain’s shareholders.”

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald