Tuesday, May 26, 2009

NetApp acquires Data Domain for $1.5 billion

Amazon S3 lets customers ship big data; Multi-dimensional discs herald massive data storage
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Spotlight Story
NetApp acquires Data Domain for $1.5 billion

NetApp blew its top last week with the acquisition of data deduplication vendor Data Domain for $1.5 billion. Data Domain, which makes in-line processing data deduplication appliances, claims AT&T and the U.S. Defense Department as its customers. The company's sales last year amounted to $274 million, with net income of $21.6 million. Read full story

Related News:

NetApp's purchase of Data Domain focuses on de-dupe, backup
NetApp has agreed to purchase Data Domain for $1.5 billion in a deal that will bolster the storage company's ability to de-duplicate data and provide backup for rival vendors like EMC and HP.

Amazon S3 lets customers ship big data
Amazon's S3 cloud storage service has a new option, called AWS Import/Export, for quickly uploading large amounts of information to its data centers. It uses a well-developed, multimodal content delivery network that can transmit terabytes of data faster than a T-3 leased line.

Multi-dimensional discs herald massive data storage
Researchers at a Melbourne University have come up with a "five dimensional" disc capable of storing 2000 times more data than a conventional DVD.

Researchers use nanotech to create 'fifth dimension' data storage
Researchers at an Australian university used nanotechnology to create an exponentially more dense recording medium that could allow a DVD-style disc to hold up to 10TB in the next five to 10 years.

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May 26, 2009

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