TECHunplugged | Flash Consolidation: NetApp to Acquire SolidFire
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Flash Consolidation: NetApp to Acquire SolidFire

Flash Consolidation: NetApp to Acquire SolidFire

08:18 24 December in Community, Uncategorized

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.

SolidFire

Acquisition is a great result for SolidFire.  The all-flash market is becoming increasingly competitive, as the established players up their…



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