Cisco, EMC Or NetApp Seen Eyeing Nimble Acquisition
Nimble Storage (NMBL) could be the hottest acquisition target in the storage market. And Cisco Systems (CSCO), NetApp and EMC are the likeliest buyers, says Srini Nandury, an analyst for Summit Partners, in a research report Tuesday. “The storage industry is ripe for consolidation and we believe OEMs such as NetApp (NTAP), EMC (EMC) and Cisco are looking to acquire next-generation storage assets,” he wrote. “Given that Nimble is one of the best