"Obviously, selling your business is one of the most important events in your life, and the worry of doing the right or wrong thing at the right or wrong time is very tough on your own. The Corum advisers were on call to keep us on track, on message, and advising us when to say yes and when to say no so that we could get the best win/win deal possible. "
EMC's Acquisition of Data Domain
Market Spotlight Report: "Bucking the Trend Secrets to a Successful Strategic Acquisition"
To fatigued investors, bankers and analysts, we offer this cure for the recession hangover: a multi-billion dollar return to EMC investors over the next 5 years, based solely on the success of the Data Domain acquisition.
Our view on the Data Domain transaction, based on our financial analysis and discussions with industry sources, concludes that the Data Domain acquisition is a runaway success that offers 3 important lessons for tech M&A. First, that the most successful acquisitions are either market-cycle agnostic or counter-cyclical; second, that they are driven by a highly focused investment thesis (which, not trivially, needs to be sound); and third, that execution and integration are the most important ingredients for success.