One company that we highlighted on Friday was NetApp, which was formerly known as Network Appliance. The company primarily offers data storage services to businesses and, according to our Stacey Gilbert of Susquehanna, is a perennial takeover candidate.
"It's always been one of those names that generates a lot of chatter," said Gilbert.
Never more was that true than last week, when the Wall Street Journal reported that IBM was in talks to buy NetApp rival Sun Microsystems for an estimated $8 billion.
Then Barron's came out over the weekend and threw some cold water on NetApp's chances of being bought, pointing out that IBM's reported deal for Sun takes away a crucial suitor for NetApp.
But according to some industry observers, even if IBM's reported play for Sun leaves NetApp without an acquirer, that may not be such a bad thing in the short-term.
"In the near term, there's going to be a great deal of uncertainty surrounding the Sun's products, and that uncertainty could drive business to NetApp," said Brian Freed, who rates the name an "Outperform" for Morgan Keegan.
Still, even with IBM out of the picture, Freed says a deal could ultimately emerge for NetApp, with the most likely suitors being either Hewlett-Packard, or the acquisition-obsessed Oracle, which is currently sitting on $11 billion in cash.
"Even with Hewlett owning LeftHand Networks, it would not be inconceivable that HP would still want to take a look at NetApp," Freed added.