DDN day approaches for Tintri: Storage-flinger finalising rescue buy

In potentially sphincter easing news for Tintri customers facing abandonment after the company's collapse, DDN is finalising its acquisition of the failed business. The purchase should be completed in the next few days. DDN said it would bring support and product continuity to Tintri’s 1,600-strong customer base, and enlarge …

[Anonymous Coward]

Maybe they could hire all the people that made Pure such a success in the beginning, before Pure fired them all and replaced them with all the drones from EMC?

[Anonymous Coward]

interesting comment

Pure seems to be continuing to grow. What did the EMC drones do again?

[Anonymous Coward]

Acquisition price?

Doesn't the acquisition price eventually have to be made public, since Tintri is still a public company?

Every time I've seen a publicly traded company be acquired, it was always published what the acquisition price per share was.

[Throatwarbler Mangrove]

Re: Acquisition price?

Tintri was delisted from the NASDAQ. Perhaps that changes the rules.

[Anonymous Coward]

Re: Acquisition price?

It's still public and listed as TNTRQ. Trading at about 4c!

[Anonymous Coward]

Re: Acquisition price?

$53.8m allegedly

[Anonymous Coward]

Break in the clouds

Finally a feel good (or at least better) story.

[boroie]

Great news for customers of Tintri, but still no news for the UK/Ireland based ex-employees of Tintri who are left in limbo without pay.

[Anonymous Coward]

Everyone is conveniently quiet on the employee payment front!

I'm going to guess DDN will say they only purchased the US entity and UK / Ireland companies are nothing to do with them. Perhaps I'll be wrong and they'll do the right thing...

[Anonymous Coward]

Here's a question for existing and new customers. Would you still consider buying Tintri VMStores?

Interested to see if you still have faith or would rather purchase something else.

[Anonymous Coward]

Yes