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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.
M&A Insights
Based on deal dataIntegration 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
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed