NetApp $870 million acquisition of SolidFire

2/2/2016

Private acquisition

Value:

$ 870 million

Status:

Completed

Date:

2/2/2016

Overview:

NetApp, which focuses on data insight, access, and control for hybrid cloud environments, has acquired SolidFire, which provides all-flash storage systems.
The transaction was valued at $870 million.
Qatalyst Partners acted as financial advisers to SolidFire.
Continental Stock Transfer & Trust Company acted as exchange agent.

Rani Mehta - Journalist

Jurisdiction:

United States

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Technology and telecommunications

Firms:

Cooley

Party: SolidFire (Target)

Lawyers: Laura Medina, Noah Pittard

Orrick Herrington & Sutcliffe

Party: NetApp (Acquirer)

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