NetApp (NASDAQ: NTAP), a San Jose, Calif.-based global, cloud-led, data-centric software company, is to acquire Instaclustr, a platform provider of fully managed open-source database, pipeline and workflow applications delivered as a service.
The amount of the deal – which is subject to customary closing conditions – was not disclosed.
The acquisition will combine NetApp’s established leadership in continuous storage and compute optimization with Instaclustr’s fully-managed database and data pipeline services to give customers a Cloud Operations platform that provides an optimized foundation for their applications in the public clouds and on premises.
Led by Peter Lilley, CEO, and Ben Bromhead, CTO, Instaclustr provides companies with a managed platform for deploying, managing, and monitoring all components of their data infrastructure. The company combines a complete data infrastructure environment with hands-on technology expertise to ensure ongoing performance and optimization. Instaclustr customers include some of the largest and most innovative Fortune 500 companies.
Led by George Kurian, CEO, NetApp is a global, cloud-led, data-centric software company that empowers organizations to lead with data in the age of accelerated digital transformation. The company provides systems, software and cloud services that enable them to run their applications optimally from data center to cloud, whether they are developing in the cloud, moving to the cloud, or creating their own cloudlike experiences on premises.
The acquisition of Instaclustr builds on a series of strategic acquisitions made by NetApp to deliver a platform for CloudOps including Spot, CloudCheckr, Data Mechanics, Fylamynt.
FinSMEs
09/04/2022