NetApp Acquires SolidFire for $870,000,000

  • Feed Type
  • Date
    12/22/2015
  • Company Name
    SolidFire
  • Mailing Address
    1620 Pearl St. Boulder, CO 80302 USA
  • Company Description
    Atlanta-based SolidFire is a next-generation storage platform for cloud computing providers and other enterprises that need scalable, reliable storage for thousands of servers. The Company’s solution allows customers to take advantage of the performance of solid state storage at a price comparable to traditional spinning disk.
  • Website
    http://www.solidfire.com
  • Transaction Type
    M&A
  • Transaction Amount
    $870,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The acquisition will be paid for with all cash.