NetApp Net Worth is14.6 12-Month Sales Growth (%)
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Company Logo: Image:Netapp logo.svg

Company Name: NetApp, Inc.

Company Type: Public company

Traded As: NTAP, S&P 500

Foundation: 1992

Founder: David Hitz, Michael Malcolm

Location City: Sunnyvale, California

Location Country: United States

Area Served: Worldwide

Key People: Tom Georgens (President and CEO), Dan Warmenhoven (Executive Chairman)

Num Employees: 12,000+ (Q4 FY2011)
Industry: Computer data storage

Products: Compression, Data ONTAP, DataFort, Deduplication, FAS2000, FAS3100, FAS3200 (released in Nov. 2010), FAS6000, NetApp FAS6200 Series (released in Nov. 2010), File Storage Resource Manager, Flash Cache, FlexCache, FlexClone, FlexPod,{{cite web


Title: FlexPod Data Center Solution


Publisher: NetApp

Accessdate: 2012-03-06

Quote: FlexPod[...] is a pretested data center solution built on a flexible, scalable, shared infrastructure from Cisco Unified Computing System servers and Cisco Nexus switches, and NetApp unified storage systems running Data ONTAP.

NetApp, Inc., formerly Network Appliance, Inc., is an American multinational computer storage and data management company headquartered in Sunnyvale, California. It is a member of the NASDAQ-100, and it was ranked on the Fortune 500 list for the first time in 2012. NetApp has more than 12,000 employees in 150+ offices around the world.
Today, NetApp is the #1 storage provider to the United States government as well as the #1 storage market leader in Germany. NetAppa??s products and solutions are currently powering 96% of FORTUNE 100, and NetApp was the first in the data storage industry to introduce a guarantee to cut customer storage capacity by 50%.
NetApp was founded in 1992 by David Hitz, James Lau and Michael Malcolm. At the time, its major competitor was Auspex. In 1994, NetApp received venture capital funding from Sequoia Capital. It had its initial public offering in 1995.
NetApp thrived in the internet bubble years of the mid 1990s to 2001, during which the company grew to $1 billion in annual revenue. After the bubble burst, NetApp's revenues quickly declined to $800 million in its fiscal year 2002. Since then, the company's revenues have steadily climbed.
On August 19, 2009, Dan Warmenhoven stepped down as CEO and was replaced by Tom Georgens.
NetApp makes the Data ONTAP 8 operating system ("OS") and the Data ONTAP Edge OS. These operating systems eliminate planned downtime with nondisruptive operations and scale across multiple protocols using the same management tools and feature set. The Data ONTAP OS also protects against double disk failures. NetAppa??s filers use the proprietary Data ONTAP storage operating system.
MetroCluster a?? The MetroCluster solution combines array-based clustering with synchronous mirroring to deliver continuous availability and zero data loss in such environments as a single data center, a campus, and a metropolitan area. As an independent solution, MetroCluster is able to transparently recover from failur

NetApp Net Worth, 5.0 out of 5 based on 1 rating

NetApp Latest News

NetApp beats on earnings, has high hopes for new hyperconvergence offering

George Kurian, chief executive of NetApp Inc. Storage-appliance maker NetApp Inc. added to its string of stronger-than-expected earnings Wednesday, as it announced its fifth beat in a row, and issued in-line sales projections for its second quarter.
Posted: August 16, 2017, 4:00 am

Cisco, NetApp, Apple fall as area stocks get lanced

If you were on Wall Street Thursday, let’s hope you were able to find some good protective cover. That’s because stocks fell faster than whatever support President Donald Trump once had among American business executives prior to his statements about ...
Posted: August 17, 2017, 4:10 pm

NetApp Has Better Storage Trends than Pure, Says Maxim

Maxim Group’s Nehal Chokshi this morning raises his rating on storage technology vendor NetApp (NTAP) to Buy from Hold, while cutting his rating on shares of competitor Pure Storage (PSTG) to Hold, writing that the former is seeing success with its ...
Posted: August 15, 2017, 9:18 am

For NetApp, the Emerging Container Market Brings Changes to Its Portfolio, Selling Strategy

Traditional storage companies are living in an uncertain world. For a long time, they’ve been part of the central IT equation of compute, network and storage — the holy trinity that shall not be divided — but the traditional world looks very ...
Posted: August 21, 2017, 12:04 pm

NetApp Q1 strong as all-flash business gains traction

NetApp's fiscal first quarter earnings were better than expected as its all-flash array business hit an annual run rate of $1.5 billion. The company reported first quarter earnings of $136 million, or 49 cents a share, on revenue of $1.33 billion, up from ...
Posted: August 16, 2017, 1:45 pm
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