NetApp (NTAP +0.7%) is volatile in early trading following a Bloomberg article noting how its...
Monday, June 4, 2012, 10:08 AM ETNetApp (NTAP +0.7%) is volatile in early trading following a Bloomberg article noting how its depressed stock price and valuation are leading to a surge in M&A speculation. IBM, Oracle (ORCL), and Cisco (CSCO) are all seen as potential buyers of NetApp, which is the #2 vendor in the growing networked storage market (behind EMC). But with NetApp likely to require a buyout price of $15B or more, it would be a big fish to swallow even for an IT giant.
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