Over at Tech Trader Daily, Eric Savitz has picked up on a 6% rise of Netapp shares today. There are no theories as to why, but I have my own. Could IBM be planning to buy Netapp?
If you think about it, the purchase would make sense. IBM is a huge reseller of Netapp as the N-Series. IBM can give Netapp access to a massive sales force, accelerating the plans Netapp has to move their sales channel to a more direct model. At $8.7 billion, it’s a snip!
Then there’s XIV. Could Netapp add the extra touch required to make XIV an enterprise product?
Remember you heard it here first.
P.S. I don’t own shares in either Netapp or IBM
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