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The letter was published June 9 in the San JoseMercuryy News. “Our plan is to keep the peoplw and products of Data Domain intact and operatr your company as a product divisionnwithin EMC. ... We plan to investy in Data Domain and grow the business and the innovatiob even more aggressively because of our broadeer global reachand size,” Tucci The board of directors at Data Domaijn issued a statement June 4 sayingb it is examining Hopkinton, Mass.-based EMC’s EMC) unsolicited bid to buy the companty and advised shareholders to put aside their decision untilp their review is complete. Data Domain had been consideringy a proposalfrom Sunnyvale, Calif.-based .
(Nasdaq: to buy the company for $25 a share in cash and In responseto EMC’s NetApp sweetened its offer Wednesdagy to $30 per share in cash and The Data Domain board said in its prepared written statement it will release its positiob on the EMC offer before June 16, and reaffirme d its recommendation in favor of the merger with Despite the Data Domain board request for shareholderx to stay mum on the bidding war unti it reached a decision, Tucci’xs open letter Tuesday took direct aim at potentially influencingb the company’s stakeholders.
“We stand for puttin our customers first, treating people with respect, collaborating smoothlty with our colleaguesand partners, thinkin creatively to solve problems, leveraging our diversity, and maintaining a fullyy inclusive workforce. And we stand ready to welcome the talentesd people of Data Domainh to EMC with open he wrote.
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