NetApp, Inc.
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- NetApp, Inc. (NTAP) provides unified data storage, integrated data services, and cloud operations solutions to enterprise customers worldwide. The company, founded in 1992 and headquartered in San Jose, California, offers a comprehensive portfolio of hardware and software including all-flash arrays such as All Flash FAS (AFF), hybrid flash systems, disaggregated storage architectures; ONTAP data management software for file, block, and object storage; cloud data services via platforms like Astra for control and automation across hybrid and multi-cloud environments; and specialized solutions for AI workloads, ransomware protection, cybersecurity, virtualization, and enterprise applications integrated with public cloud providers including AWS, Azure, and Google Cloud. NetApp serves enterprises, government agencies, and universities with operations spanning the United States, Europe, and Asia-Pacific regions through its global network of partners and direct sales. In recent developments, NetApp strengthens its hybrid cloud strategy through expanded partnerships, including deepened collaboration with Cisco on FlexPod XCS converged infrastructure, integration with AWS AI services for enterprise data workflows, and technology alliances with Lenovo for OEM storage systems; the company also reports robust growth in all-flash array annual recurring revenue, reaching $3.8 billion in its fiscal third quarter 2025, alongside 33% year-over-year cloud revenue increase driven by AI momentum and public cloud services expansion. Additionally, Flexera acquired NetApp's FinOps Spot business in early 2025 for $100 million to enhance cloud cost management capabilities, reflecting ongoing portfolio optimization amid rising demand for intelligent data infrastructure.
Company News
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