RealTime IT News

NetApp Wraps Up Engenio Deal

NetApp's purchase of Engenio gives it an OEM that generated some $705 million in revenue in 2010, and will enable the company to diversify its market reach and enter emerging markets, according to a NetApp statement.

"[Engenio's] portfolio will provide a new platform for us to use for 'big bandwidth' [applications]," Chris Cummings, NetApp vice president of products and solutions marketing, told InternetNews.com.

In fact, NetApp simultaneously unveiled a new addition to its E-Series Platform storage syst

Read the full story at InfoStor.com:
NetApp Closes Engenio Acquisition

ems, which it has dubbed the E5400.