As expected, NetApp CEO Tom Georgens faced a barrage of questions from on the company's M&A strategy. After recently losing out to EMC in the tussle to acquire Data Domain (DDUP), the executive was asked whether he was looking at other acquisitions.
"The Data Domain thing didn't go our way, but that doesn't scare us away from other deals, nor do we feel compelled to do something
A number of names have nonetheless been touted as possible NetApp M&A targets, including software specialist CommVault (CVLT - Get Report) Virtual Tape Library (VTL) firm FalconStor (FALC - Get Report) and privately-held Sepaton.
Georgens was also asked whether his own company could be acquisition bait. With its strong growth profile, even in a tough economy, NetApp is seen as one of the best-positioned firms in the tech sector."We desire to be independent -- I think there's a preference