NetApp acquires Data Mechanics to accelerate Spot’s roadmap and optimize data analytics and machine learning workloads in the cloud

NetApp acquires Data Mechanics to accelerate Spot's roadmap and optimize data analytics and machine learning workloads in the cloud

technology

NetApp acquires Data Mechanics to accelerate Spot’s roadmap and optimize data analytics and machine learning workloads in the cloud

Data-focused, cloud-oriented global software company NetApp® (NASDAQ:NTAP) today announced that it has acquired Data Mechanics, a managed platform provider for big data processing and cloud analytics with offices in Paris, France. that helps companies. Leverage Apache Spark, an open source unified analytics tool for large-scale data processing and machine learning in Kubernetes. Financial terms of the transaction were not disclosed.

Using analytics and machine learning to identify operational efficiencies, cost savings and automate manual processes at a time when on-premises and cloud business applications and data are evolving so engineers can focus on more strategic tasks , is a top priority – and an urgent strategy – for all companies.

“Now more than ever, our customers are adopting cloud and cloud-native strategies as their first choice, which will allow them to be more agile and adaptable in the face of unprecedented data growth,” said Anthony Lai, Senior Vice President and General Manager he said. of NetApp’s Public Cloud Services business unit. “Adding data mechanics to our existing solutions will make it easier and more cost-effective for organizations of all industries to fully leverage Apache Spark and Kubernetes to advance their data and cloud initiatives.”

The acquisition of Data Mechanics comes less than a year after NetApp acquired Spot (now Spot by NetApp), a leading provider of CloudOptions that automates and optimizes workloads running in public cloud environments. The data mechanics and IP team will be integrated with the Spot by NetApp team and portfolio to accelerate the development of NetApp’s recently announced Spot Wave solution, which simplifies, optimizes and automates Spark workloads running on the public cloud. is.

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Amiram Shachar, VP-President and General Manager, SPOT, said, “While there are significant benefits to moving analytics and application workloads to the cloud, managing analytics technology and cloud infrastructure can be resource and time-consuming, increasing employee productivity and return on investment. may hinder.” by netapp. “We are excited to welcome Data Mechanics to Spot by NetApp as we enable even more organizations to make their data work and get even more value from their cloud infrastructure investments.”

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About NetApp

NetApp is a global data-centric, cloud-oriented software company that empowers organizations to lead with data in an era of accelerating digital transformation. The company provides cloud systems, software and services that enable customers to run their applications with optimum performance, whether in a data center or in the cloud, whether they are developing directly in the cloud, moving to the cloud Be it, or creating a cloud-like experience. in his own premises. With solutions that work in the most diverse environments, NetApp helps organizations build their own data fabric and securely deliver the right data, services and applications to the right people whenever and wherever. Learn more at www.netapp.com or follow us on Twitter, LinkedIn, Facebook and Instagram.

NETAPP, the NETAPP logo and the marks listed at www.netapp.com/TM are registered trademarks of NetApp, Inc.

Safe Harbor Statement under the Securities Litigation Reform Act 1995

This press release contains forward-looking statements within the meaning provided by the US Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements regarding the expected benefits of the transaction, a statement of NetApp’s future strategy and its consequences for customers. Actual results relating to NetApp’s business prospects may differ materially from those caused by a number of factors, including, but not limited to: NetApp’s ability to successfully integrate personnel and assets acquired by customers, employees and partners. acquisition response; real transaction benefits for customers and partners; Ability to retain key employees; and NetApp’s ability to achieve its broader strategy and operational objectives. These and other equally important factors are described in the reports and documents we file from time to time with the U.S. Securities and Exchange Commission (SEC), including the “Risk Factors” section of our most recently filed report. The factors described in the section are included. Form 10-Q and 10-K. We disclaim any obligation to update the information contained in this press release, whether as a result of new information, future events or any other reason.

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The original language text of this announcement is the official official version. Translations are provided as a convenience only and must refer to the text in the original language, which is the only version of the text that has legal effect.

View the original version at businesswire.com: https://www.businesswire.com/news/home/20210622006108/en/Contact:

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About the author: Sarah Gracie

Sarahis a reporter covering Amazon. She previously covered tech and transportation, and she broke stories on Uber's finances, self-driving car program, and cultural crisis. Before that, she covered cybersecurity in finance. Sarah's work has appeared in The Wall Street Journal, Bloomberg, Politico, and the Houston Chronicle.

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