NetApp (NTAP) Up As New CEO Seems Open To a Takeover
More News related to CSCO
- Malaysian Students Rule Cisco's Asia Pacific Skills Competition
- Skymark Research Initiates Independent Research Coverage on Cisco
- Enter the Cisco 'Christmas Connections' Contest in Australia and New Zealand
- Retired Four Horseman of Tech option implied volatility: MSFT, CSCO, DELL, INTC
- Cisco Router Sent Into Space Aboard Intelsat Satellite
More News related to DELL
- StockPreacher.com Issues Trading Outlook for Network Engines Inc.
- Retired Four Horseman of Tech option implied volatility: MSFT, CSCO, DELL, INTC
- Notable Analyst Rating Changes 11/24: ABG, PRU, RS, AYI, AMLN, TLAB Upgraded; DELL, CIEN, UNP, ALV Downgraded
- Dell (DELL) Shares Lower as First Global Cuts to Market Perform
- Dell Launches $2 Million Dell YouthConnect Program in China
More News related to HPQ
- StockPreacher.com Issues Trading Outlook for Network Engines Inc.
- Susquehanna Maintains a 'Positive' Rating on Hewlett-Packard (HPQ); Raises PT to $58
- AT&T and HP Introduce HP iPAQ Glisten, 3G World Phone for Mobile Professionals
- Highlights From HPQ's Q4 Conference Call: Seeing Continued Turnaround, EDS Integration Going Well; Guides Higher for FY10
- Dell (DELL) Shares Lower as First Global Cuts to Market Perform
More News related to Insiders' Blog
- Sign of the Times: U.S. Mint Has To Temporarily Suspend Sales of One Ounce Gold Coins Due to Demand
- Central Banks Continue Snapping Up Gold, Sri Lanka Buys 10 Metric Tons From IMF
- Holiday Retail Match-Up: Wal-Mart vs. Amazon... Who Will Come Out on Top?
- Research Firm Questions Surge In Origin Agritech (SEED)
- Starbucks (SBUX) Bets Big On China
NetApp, Inc. (Nasdaq: NTAP) is seeing interest today on takeover speculation after new CEO Tom Georgens told Barron's "everything has its price" and "at some point, it might make sense."
NetApp has long been rumored to be a takeover target, but Georgens comments could be the best sign that the company may finally be warming up to the idea.
Of the companies that could buy NetApp the most logical seems to be HP (NYSE: HPQ), Barron's contends. But HP's Mark Hurd isn't one to overpay, especially if NetApp no longer is growing. Other potential buyers mentioned could include Cisco (Nasdaq: CSCO), IBM (NYSE: IBM), and Dell (Nasdaq: DELL).
Shares of NetApp are up 4.2% in mid-day trading Monday on the speculation of a deal.
Related Categories
Insiders' BlogRumors
Stocks Mentioned
+0.00
-0.14Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
