NetApp to buy flash storage maker SolidFire for $870 million

Mon Dec 21, 2015 4:32pm EST
 
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(Reuters) - Data storage equipment maker NetApp Inc (NTAP.O: Quote) said it would buy SolidFire, a flash-storage systems maker, for $870 million in cash.

The deal is expected to close in the fiscal fourth quarter, the company said on Monday.

(Reporting by Supantha Mukherjee in Bengaluru)