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NetApp acquires JetStream Software for data protection

PUBLIC · NTAPAug 06, 20263 days ago

Acquiring Company

NetApp

Acquired Company

JetStream Software

SustainabilitySoftwareData And AnalyticsInformation TechnologySoftware

Description

NetApp has acquired JetStream Software to enhance cyber resilience and data protection. This acquisition aims to support enterprise customers transitioning workloads amidst cloud adoption. JetStream is recognized for its disaster recovery solutions related to VMware. NetApp continues to innovate in the data management landscape through this strategic move.

Company Information

Company

NetApp

About

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. With solutions that perform across diverse environments, NetApp helps organizations build their own data fabric and securely deliver the right data, services and applications to the right people—anytime, anywhere. Learn more at www.netapp.com or follow us on Twitter, LinkedIn, Facebook, and Instagram. NETAPP, the NETAPP logo, and the marks listed at www.netapp.com/TM are trademarks of NetApp, Inc.

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Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
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