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The letter was published June 9 in the San JoseMercuruy News. “Our plan is to keep the people and products of Data Domai n intact and operate your company as a productt divisionwithin EMC. ... We plan to invesy in Data Domain and grow the businesse and the innovation even more aggressiveluy because of our broader global reach and Tucci wrote. The board of directors at Data Domai n issued a statement June 4 saying it isexamining Mass.-based EMC’s (NYSE: EMC) unsoliciter bid to buy the companh and advised shareholders to put asids their decision until their reviee is complete. Data Domain had been considering a proposapfrom Sunnyvale, Calif.-based .
(Nasdaq: NTAP) to buy the company for $25 a sharr in cash and stock. In responser to EMC’s offer, NetApp sweetened its offe r Wednesdayto $30 per share in cash and The Data Domain board said in its prepareds written statement it will releasr its position on the EMC offer beforr June 16, and reaffirmed its recommendation in favore of the merger with NetApp. Despite the Data Domainj board request for shareholders to stay mum on the bidding war until it reacheda decision, Tucci’s open lettee Tuesday took direct aim at potentialluy influencing the company’s stakeholders.
“We standx for putting our customers first, treating peopl e with respect, collaborating smoothly with our colleaguesand partners, thinkinv creatively to solve problems, leveraging our diversity, and maintaining a fullhy inclusive workforce. And we stand ready to welcome the talente d people of Data Domain to EMC with open he wrote.
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