NetApp completes acquisition of Instagram | BusinessWire

SAN JOSÉ, CA– (WIRE OF BUSINESS) –NetApp® (NASDAQ: NTAP), a global, data-centric, cloud-based software company, announced today that it has completed the acquisition of Instaclustr, a leading provider of database platforms. open source, fully managed, pipeline and workflow application data, delivered as a service.

The Instagram acquisition is part of a series of strategic acquisitions made by NetApp, to ensure the offer of a complete range intended for cloud operations (CloudOps). Cloud operations (CloudOps) refer to the set of activities, tools, and processes that enable cloud-native applications and the underlying infrastructure to perform efficiently. NetApp’s CloudOps offering fits industry-leading, multicloud storage infrastructure and data services, and enables application owners to solve a wide range of cloud application problems in a vendor.

“NetApp offers one of the industry’s most compelling hybrid cloud and multicloud portfolios. Instaclustr’s portfolio of cloud data application services was quickly adopted to build modern cloud applications. Instaclustr’s services will now take advantage of the unparalleled stability and data protection capabilities, our cloud storage offerings, Spot portfolio’s seamless infrastructure optimization capabilities, and granular functionality. -observe the service level, of Cloud Insights, ”said George Kurian, CEO of NetApp. “Together, these capabilities will allow customers to build, deploy and run cloud applications faster, easier and at lower cost. »

NetApp’s strategic acquisitions, which include Spot, CloudCheckr, Data Mechanics, Fylamynt and now Instaclustr, have made Spot by NetApp a compelling platform for applications hosted in one or more clouds: continuous- continuous optimization, automation, control and security, combined with the company’s expertise in deploying and operating open source applications, are all delivered as a service, in the public and private cloud, to offer to customers more cloud at lower cost and less complexity.

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About NetApp

NetApp is a data-centric, cloud-based global software company that empowers businesses to win through data in the age of accelerated digital change. The company provides cloud systems, software and services that allow enterprises to run their applications efficiently from the data center, all the way to the cloud; whether they are forming in the cloud, moving to the cloud, or creating their own on -premises cloud -like experiences. With solutions that work in diverse environments, NetApp helps companies create their own data fabric and securely deliver the right data, services and applications to the right people, anytime, anywhere. To learn more, visit www.netapp.com, or follow us on TwitterLinkedIn, Facebook and Instagram.

NETAPP, the NETAPP logo, and the trademarks listed at www.netapp.com/TM are trademarks of NetApp, Inc. Other company and product names may be trademarks of their respective owners.

“Safe Harbor” Statement Under the US Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements regarding the expected benefits of the transaction, descriptions of NetApp’s future strategy, and its impact on customers and partners. Actual results, including NetApp’s business outlook, may vary significantly due to several factors including, but not limited to: NetApp’s ability to successfully onboard staff and the assets acquired, the reaction of customers, employees and partners about the acquisition; the actual benefits of the transaction for customers and partners; the ability to retain key personnel; and NetApp’s ability to more generally achieve its strategic and operational goals. These and other equally important factors are described in the reports and documents we file from time to time with the Securities and Exchange Commission, along with the factors described in the section titled “Risk Factors” of our most recent reports. submitted on Forms 10-Q and 10-K. We have no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise.

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