The consolidation of the storage sector gained momentum at the end of 2015 with #NetApp Inc.’s deal to acquire all-flash startup #SolidFire for $870 million in cash.
The deal announced just before the holidays also accelerates efforts by NetApp (NASDAQ: NTAP) to push all-flash arrays into datacenters and other enterprise infrastructure. NetApp, Sunnyvale, Calif., noted that SolidFire’s all-flash storage approach along with its data management architectures would help NetApp streamline datacenter operations and speed deployment of new applications.
“Many customers want to incorporate the performance of flash with scale-out and software-defined storage functionality for efficient management of data growth and service provider-like flexibility,” NetApp CEO George Kurian stressed in announcing the SolidFire deal on Dec. 21. “We are acquiring SolidFire because it allows us to address a new segment of the fastest-growing part of the storage market, the all-flash array market.”
Kurian added in a conference call with industry analysts that the acquisition would help NetApp accelerate its cloud-service provider capabilities. The company also will target enterprises deploying web-scale infrastructure on premises to deliver applications like NoSQL databases, Hadoop environments and DevOps capabilities.
http://www.enterprisetech.com/2016/01/04/storage-consolidation-quickens-with-netapp-solidfire-deal/
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