All

Flash Consolidation: NetApp to Acquire SolidFire

Chris Evans of Architecting IT comments:

Amid much rumour, Monday finally saw the announcement that NetApp Inc intends to acquire SolidFire Inc, an all-flash storage startup.  The agreement sees the company acquired for $870 million in cash, somewhat short of the $1.2 billion rumoured value.  Those of you following my posts (and other work) will know I’ve talked about both companies many times before, so as you can imagine, I have few opinions on this transaction.

This was a big announcement right at the end of the year. 2016 should be an interesting time for the flash storage market.

Read more at: Flash Consolidation: NetApp to Acquire SolidFire

About the author

Stephen Foskett

Stephen Foskett is an active participant in the world of enterprise information technology, currently focusing on enterprise storage, server virtualization, networking, and cloud computing. He organizes the popular Tech Field Day event series for Gestalt IT and runs Foskett Services. A long-time voice in the storage industry, Stephen has authored numerous articles for industry publications, and is a popular presenter at industry events. He can be found online at TechFieldDay.com, blog.FoskettS.net, and on Twitter at @SFoskett.

Leave a Comment