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CCI
Wednesday, 03 February 2016 12:42

NetApp completes acquisition of SolidFire

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Storage industry business NetApp today announced it has completed the acquisition of all-flash storage maker SolidFire.

NetApp has completed the acquisition of all-flash storage manufacturer SolidFire. The storage business entered into a definitive agreement to acquire SolidFire for $870 million in cash in the week before Christmas.

Founded in 2010, SolidFire specialises in all-flash storage systems built for the data centre and designed for the multi-tenancy, and cloud economic models and has enjoyed significant success collecting over $150 million in funding.

With SolidFire, NetApp will fill in the infrastructure buyer slot that it currently lacks, they already have products for the enterprise infrastructure buyer, with the NetApp All-Flash FAS (AFF) product and application owner, with the NetApp EF Series product line. Additionally they also get SolidFires’ links in the cloud community with OpenStack, VMware, and other cloud frameworks.

As George Kurian, CEO of NetApp explained back in December. “This acquisition will benefit current and future customers looking to gain the benefits of webscale cloud providers for their own data centers.”

Adding. “SolidFire combines the performance and economics of all-flash storage with a webscale architecture that radically simplifies data center operations and enables rapid deployments of new applications. We look forward to extending NetApp’s flash leadership with the SolidFire team, products and partner ecosystem, and to accelerating flash adoption through NetApp’s large partner and customer base.”

SolidFire products will be incorporated into NetApp’s data fabric strategy, with SolidFire CEO, Dave Wright, leading the SolidFire product line within NetApp’s product operations.

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