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 Inc. (NTAP) Given Consensus Rating of “Hold” by Analysts

Shares of NetApp Inc. (NASDAQ:NTAP) have been given a consensus recommendation of “Hold” by the forty-two ratings firms that are covering the company. Ten research analysts have rated the stock with a sell rating, twenty-four have issued a hold rating ...
Posted: October 25, 2016, 11:32 pm

Toshiba Shipping New FIPS-Sanctioned SSDs in NetApp Arrays

Fast new solid-state storage disks now are U.S. government certified at highest level of hardware security. Toshiba America Electronic Components reported Oct. 25 that it has followed up the August launch of its Flashmatrix solid-state big data analytics ...
Posted: October 25, 2016, 1:00 am

NetApp, Going Further Faster.

NetApp has risen to the top of the computer storage market and become an international Fortune 500 company. A key to the company's success is its dedication to innovation. NetApp develops new technologies and processes that not only keep its products ahead ...
Posted: October 27, 2016, 11:20 am
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