NetApp (NTAP) Up As New CEO Seems Open To a Takeover

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.

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