Netapp completes Spinnaker acquisition

Netapp completes Spinnaker acquisition

Enterprise storage systems vendor Network Appliance has completed the acquisition of rival software maker Spinnaker Networks for US$300 million (AUD$379.5 million) in stock. Netapp will operate Spinnaker Networks as part of its engineering organisation.

It is widely thought that Netapp most coveted Spinnaker's O/S software, with Netapp also confirming that the acquisition will accelerate the delivery of its Storage Grid architecture, which it claims will enable customers to leverage more value from their storage and data infrastructures.

"The synergy between Network Appliance and Spinnaker Networks expands our competitive edge and leadership position in bringing Storage Grid architectures more rapidly to the market," said Dan Warmenhoven, CEO of Network Appliance. "By capitalising on each company's strengths, we can provide next-generation, highly scalable solutions that help enable tighter application integration, provide superior data protection, and manage data resources more efficiently as customers increase their demands on networked storage."

Ron Bianchini, former President, CEO, and Co-founder of Spinnaker, will be Vice President and General Manager of Spin Operating Systems and Gateway Business at Network Appliance.

Related Article:

Spinnaker throws down NAS server gauntlet

Business Solution: