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Floating storage specialist names price

Data Domain debuts today

Next gen security for virtualised datacentres

Network storage and disk backup company Data Domain has announced pricing for its Initial Public Offering.

Shares start trading later today on Nasdaq. The price is $15 a share - higher than expected.

Data Domain is offering 7.39m shares - seven million from Data Domain and 390, 000 by a shareholder. The company should raise about $94.2m from the sale.

The company was founded in 2001 and claims 750 enterprise customers. Goldman Sachs and Morgan Stanley acted as advisors.

Press release is here.®

Next gen security for virtualised datacentres

Whitepapers

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Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
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Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.