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
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NetApp Closes Engenio Acquisition
ems, which it has dubbed the E5400.