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Network Appliance Inc on November 08 said it reached an agreement to buy privately held software maker Topio for some $160 million in cash to expand its data protection capabilities.
Topio products help users replicate, recover and protect data regardless of the underlying server or storage infrastructure.
Topio is based in Santa Clara, California, with research and development facilities in Haifa, Israel. The deal is expected to close in December.

Copyright Reuters, 2006

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