NetApp to acquire Cache IQ
Nov 15, 2012 (Datamonitor Financial Deals Tracker via COMTEX) --
NetApp, Inc., a provider of storage and data management solutions, has agreed to acquire Cache IQ, Inc., a provider of intelligent caching solutions for file-based storage. Both the companies are based in the US.
Cache IQ had 14 employees in 2011.
Earlier, Cache IQ had secured Series A round of funding from 27 angel investors.
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Announced: 2012-11-14
Target (Company) Cache IQ, Inc.
Acquirer (Company) NetApp, Inc. (formerly Network Appliance, Inc.)
[ Back To TMCnet.com's Homepage ]