NetApp Paying $80M For Riverbed’s Cloud Storage


NetApp is acquiring  Riverbed Technology’ SteelStore cloud storage product line for approximately $80 million. The SteelStore product supports both NetApp and third-party storage infrastructures, as well as  third-party backup software and cloud providers. NetApp expects that the SteelStore product will be available during its fiscal third quarter of 2015.

[Image courtesy: Riverbed]

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