M&A Deal Summary

NetApp Acquires Cloud Jumper

On April 29, 2020, NetApp acquired information technology company Cloud Jumper

Acquisition Highlights
  • This is NetApp’s 2nd transaction in the Information Technology sector.
  • This is NetApp’s 14th transaction in the United States.
  • This is NetApp’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2020-04-29
Target Cloud Jumper
Sector Information Technology
Buyer(s) NetApp
Deal Type Add-on Acquisition

Target

Cloud Jumper

Garner, North Carolina, United States
Cloud Jumper is a VDI & RDS orchestration and management alternative to the industry giants, like Citrix. The company provides a simple U.I. to deploy, manage, monitor, optimize, and maintain unified workspaces. Cloud Jumper was established in 2015 and is based in Garner, North Carolina.

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Buyer(S) 1

Buyer

NetApp

San Jose, California, United States
Category Company
Founded 1992
Sector Information Technology
Employees11,000
Revenue 6.3B USD (2024)
DESCRIPTION
NetApp's corporate headquarters in Sunnyvale, California.
NetApp's corporate headquarters in Sunnyvale, California.

NetApp is a provider of storage systems and data management solutions. The company's storage systems help customers streamline operations and lower the cost associated with storing and managing their data. NetApp's unified fabric-attached storage platform offers a storage platform for business applications, shared infrastructures, and cloud environments. Its E-Series platform offers modular flexibility and custom configuration capability for a variety of workloads. NetApp was founded in 1992 and is based in San Jose, California.

DEAL STATS #
Overall 14 of 19
Sector (Information Technology) 2 of 4
Type (Add-on Acquisition) 12 of 17
State (North Carolina) 1 of 1
Country (United States) 14 of 18
Year (2020) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-09 Talon Storage Solutions

Mt. Laurel, New Jersey, United States

Talon Storage Solutions, Inc. is a provider of software-defined storage solutions enabling global enterprises to centralize and consolidate IT storage infrastructure to the public clouds. Talon Storage Solutions was established in 2010 and is based in Mt. Laurel, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-03 Spotinst

San Francisco, California, United States

Spotinst Ltd. is a provider of software that empowers the CloudOps team to get the most out of their cloud. Its product portfolio helps companies optimize and automate their cloud use to maximize the value and availability of their cloud infrastructure while minimizing waste. Spotinst is based in San Francisco, California.

Buy -
Mergr

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