NetApp to buy flash storage maker SolidFire for $870 million

Mon Dec 21, 2015 4:32pm EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

(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)