NetApp Acquires Storage Startup SpinnakerBy Channel Insider Staff | Posted 2003-11-04 Email Print
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Storage appliance powerhouse NetApp to acquire startup Spinnaker Networks for clustered storage technology.Network Appliance Inc., aka NetApp, will acquire Spinnaker Networks Inc. for $300 million in stock, officials said Tuesday.
The deal will expand Network Appliance's technology holdings. Currently, NetApp's. storage servers currently can cluster only two nodes, however Spinnaker's software allows for hundreds of nodes on a single cluster, explained Suresh Vasudevan, senior director of software at the Sunnyvale, Calif.-based NetApp.
Several pioneers of the popular Network File System founded the privately-owned Spinnaker in 1999, and it now has a staff of 83-employees.