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