Version: 2008
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Comments on: HP to buy LeftHand Networks

The tech titan is acquiring LeftHand for $360 million to help round out its storage and virtualization portfolio, and target midsize companies and corporate branch offices.

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by lordeagle October 1, 2008 7:15 AM PDT
This is distusting! 3 weeks after announcing they were getting rid of 24,000 employees they decide they can throw $360M to buy another company, and probably also fire a third of that company's employees.
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by thesantechnologist October 1, 2008 7:20 AM PDT
This is an interesting time for a start-up company like LeftHand Networks to be bought up. I am sure that the original exit strategy would have been to IPO, however, with the current state of economy, no one should really be going public.

I wrote about this purchase on my blog.

http://thesantechnologist.com/?p=135
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by kaibelf October 1, 2008 7:24 AM PDT
They are only getting rid of duplicate jobs because of another acquisition. That's the way things work.
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by stlwest October 1, 2008 10:43 AM PDT
Left Hand is basically just software that allows a server to become an ISCSI SAN. So it integrates very well with HP and will help them sell more servers loaded with disks. Probably a good move for HP. Of course ISCSI allows for virtualization which could mean fewer servers, but that is an industry trend they can't really fight.
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by Sakamura October 2, 2008 6:51 AM PDT
I'm ok with this acquisition as long as HP is not providing the support for current LeftHand customers.

HP Support is terrible!
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