NetApp Acquires Akorri Networks

February 1, 2011

NetApp has completed the acquisition of Akorri Networks, Inc., a Littleton, Massachusetts-based provider of performance capacity analytics and optimization software, in an all-cash transaction for approximately $60 million. The deal adds Akorri's BalancePoint performance and capacity analytics to NetApp's OnCommand management suite to improve visibility and optimization across virtualized IT stacks.

Buyers
NetApp
Targets
Akorri Networks, Inc.
Industry
Software
Location
Massachusetts, United States
Transaction Type
Buyout

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