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What: Shares of data storage specialist Quantum
So what: The report in question indicated that NetApp
Now what: The ISI Group believes that NetApp should now use its $4.6 billion of cash on the balance sheet for takeovers as organic revenue growth has slowed, and ISI named Quantum as an attractive target while Robert W. Baird & Co. said CommVault would be a good fit. ISI analyst Brian Marshall said picking up Quantum makes sense since NetApp already resells Quantum's offerings. NetApp and EMC had both bid on deduplication specialist Data Domain in 2009 before EMC won out, and buying Quantum would give NetApp exposure to deduplication.
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