Data storage equipment maker, NetApp is acquiring SolidFire for $870 million in cash. Founded in 2010, SolidFire is a market leader in all-flash storage systems built for the next-generation data center. SolidFire CEO, Dave Wright, will lead the SolidFire product line within NetApp's product operations. NetApp plans to incorporate SolidFire products into its data fabric strategy, delivering seamless data management across flash, disk and cloud resources.
With SolidFire, NetApp will now have all-flash offerings that address each of the three largest All-Flash Array market segments. SolidFire is also an active leader in the cloud community with extensive integrated storage management capabilities with OpenStack, VMware, and other cloud frameworks.
We called it... #NetApp Buys #SolidFire, read to learn what NetApp should do now https://t.co/OfiOHsE0t0
— storageswiss (@storageswiss) December 21, 2015
George Kurian, chief executive officer of NetApp
This acquisition will benefit current and future customers looking to gain the benefits of webscale cloud providers for their own data centers.
Dave Wright, chief executive officer at SolidFire
We look forward to enhancing NetApp's position within the all-flash array market while helping NetApp and SolidFire customers and partners succeed.
