NetApp, Inc.

NetApp, Inc.

NetApp, Inc.

Date Founded




Type of Company


Employees (Worldwide)



Computer Hardware
IT Consulting & Services
Internet Software & Services
Computer Software

Company Description

NetApp, Inc. provides software, systems, and services to manage and share data on-premises, and private and public clouds worldwide. The company offers cloud data services, including NetApp Cloud Volumes Service for AWS, NetApp Cloud Volumes ONTAP, NetApp Cloud Sync, NetApp Cloud Secure, NetApp Cloud Tiering, NetApp SaaS Backup, NetApp Kubernetes Service, and NetApp Cloud Insights. It also provides cloud infrastructure solutions, such as FlexPod, a portfolio of pre-validated designs and integration; NetApp HCI for public cloud consumption experience; and NetApp StorageGRID, a software-defined object-based storage solution. The company also offers storage systems and software, including all-flash arrays that support data management; hybrid arrays to deploy the speed of flash storage; NetApp ONTAP storage operating system; NetApp ONTAP Select, which offers robust enterprise storage services; NetApp MAX Data; NetApp FlexArray storage virtualization software; NetApp OnCommand API Services; NetApp Active IQ software; NetApp data availability services; NetApp SnapCenter backup management software; NetApp SnapMirror data replication software; NetApp MetroCluster business continuity softwar; NetApp SnapLock data compliance software; NetApp SANtricity storage operating system; and NetApp Element operating system. It provides software maintenance, hardware maintenance, and other services, including professional services, global support solutions, and customer education and training. The company serves the energy, financial services, government, high technology, Internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications sectors through a direct sales force and an ecosystem of partners. The company was founded by David Hitz, James K. Lau and Michael Malcolm in April 1992 and is headquartered in Sunnyvale, CA.

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Executives & Employees


Chief Executive Officer & Director

Chief Financial Officer & Executive Vice President

Executive Vice President, Chief Accounting Officer & Chief Financial Officer

Senior Vice President, General Counsel & Corporate Secretary

Chief Marketing Officer & Senior Vice President

Chief Commercial Officer

Chief Information Officer & Senior Vice President

Senior Vice President & Chief Human Resources Officer

Board of Directors

Former Senior Vice President & Executive Advisor at Cisco Systems, Inc.

Chief Executive Officer & Director at NetApp, Inc.

Vice President, Treasurer & Chief Financial Officer at GE Medical Systems Information Technologies, Inc.

Chairman of the Board, Chairman of the Corporate Governance & Nominating Committee at NetApp, Inc.

Former Chief Executive Officer & Director at Siebel Systems, Inc.

Former Executive Vice President, Chief Product Officer & Chief Technology Officer at Fair Isaac Corporation

Executive Chairman at Singlestore, Inc.

Senior Vice President, Chief Marketing Officer at Splunk, Inc.

Chief Financial Officer at Verily Life Sciences LLC

Paths to NetApp, Inc.
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NetApp, Inc.
Owners & Shareholders
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PRIMECAP Management aims to provide superior long-term investment results by utilizing fundamental research and bottom-up stock picking to construct portfolios. The firm looks for stocks that will outperform the market over a three to five-year horizon. PRIMECAP Management does not have a committee or small group that decides on whether or not to invest in an idea. Each portfolio manager makes an individual decision whether or not to invest in new ideas.

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Ninety One uses active investment strategies such as equities, fixed income, multi-asset and alternatives.

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SAAMCo provides investment management and advisory services to the registered fund (Subsidiary) by overseeing a sub-adviser who provides day-to-day portfolio management services to both the Subsidiary and the corresponding investment companies (Registered Funds). There is currently one Subsidiary for which SAAMCo provides such investment management and advisory services, the Commodity Strategy Subsidiary. SAAMCo’s Commodity Strategy Subsidiary seeks to achieve long-term total return by investing in a combination of commodity-linked derivative instruments, including commodity futures, swaps, options and options on futures. These investments provide exposure to the return of real assets that trade in the commodities markets without direct investment in physical commodities. Real assets include, but are not limited to, such things as industrial and precious metals, gas, oil, livestock, agricultural or meat products, among others.

Recent Transactions
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NetApp, Inc. purchases Spotinst Ltd.

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NetApp, Inc. purchases Cloud Jumper Corp.

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NetApp, Inc. purchases Cognigo, Inc. from State Mind Ventures, Segtech Ventures SA

Insider Transactions
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Transaction Advisors
Legal Advisor

Advised onNetApp, Inc. purchases LSI Corp. /External Storage Systems Business from LSI Corp.

Legal Advisor

Advised onNetApp, Inc. purchases NetApp Iceland ehf from Nýsköpunarsjóður atvinnulífsins, Novator Partners LLP

Escrow Agent

Advised onNetApp, Inc. purchases SolidFire, Inc. from Novak Biddle Venture Partners, New Enterprise Associates, Inc., Wednesday Management LLC, Greenspring Associates, Inc., Samsung Ventures America

Legal Advisor

Advised onNetApp, Inc. purchases LSI Corp. /External Storage Systems Business from LSI Corp.

Co-Chair, Northern California Corporate & Finance Practice

Advised onNetApp, Inc. purchases SolidFire, Inc. from Novak Biddle Venture Partners, New Enterprise Associates, Inc., Wednesday Management LLC, Greenspring Associates, Inc., Samsung Ventures America

Global Co-Chair, Emerging Company Practice

Advised onNetApp, Inc. purchases LSI Corp. /External Storage Systems Business from LSI Corp.

Advisors & Consultants
Legal Advisor

Co-Managing Partner, Northern California at Hogan & Lovells LLP

Legal Advisor

Partner at Wilson Sonsini Goodrich & Rosati PC

Legal Advisor

Partner at Wilson Sonsini Goodrich & Rosati PC


SoftBank Corp. engages in the provision of mobile communication, broadband, ICT solutions and telecom services. It offers the following services: smartphone, mobile and tablet devices; network and VPN services; cloud services; voice call and landline telephone services; IBM Watson; Internet of Things; digital marketing; security services; datacenter; outsourcing; and conferencing and global services. It operates through the following businesses: Consumer, Corporate, Distribution and Other business. The Consumer business handles mobile communication and broadband services, The Corporate business includes mobile communication service, network VPN service, cloud service, fixed telephone service, digital marketing, and security services for corporate customers. The Distribution business manages the wholesale distribution of software. The Other business comprises of solutions and services for online business, planning and production of digital media and digital contents. The company was founded on December 9, 1986 and is headquartered in Tokyo, Japan.

MercadoLibre, Inc. engages in the provision of online commerce platform with focus on e-commerce and its related services. It operates through the following geographical segments: Brazil, Argentina, Mexico, Venezuela, and Other Countries. The firm provides users a mechanism for buying, selling and paying as well as collecting, generating leads, and comparing lists through e-commerce transactions. The company was founded by Marcos Eduardo Galperin on October 15, 1999 and is headquartered in Buenos Aires, Argentina.

Arrow Electronics is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions, with 2011 sales of $21.4 billion. Arrow serves as a supply channel partner for more than 120,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 390 locations in 53 countries. A Fortune 200 company with 15,700 employees worldwide, Arrow brings technology solutions to a breadth of markets, including telecommunications, information systems, transportation, medical, industrial and consumer electronics.

Key Stats and Financials As of 2020
Market Capitalization
Total Enterprise Value
Earnings Per Share
Net Profit
Total Equity
Enterprise Value / Sales
Enterprise Value EBITDAOperating
TEVNet Income
Debt TEV
Total Debt
Three Year Compounded Annual Growth Rate Of Revenue
Non-Profit Donations & Grants
$25K - $50K
$150 - $999
Political Donations
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Memverge, Inc. engages in the development distributed data infrastructure using persistent memory. It offers machine learning, big data, and artificial intelligence. The company was founded by Yue Li and Chenggong Fan in August 2017 and is headquartered in San Jose, CA.

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Portworx, Inc. provide storage, availability, data protection, data security, and cloud mobility for containers deployed in hybrid cloud architectures. It offers Portworx PWX, a container-aware infrastructure that provides software-defined scale-out block storage to containerized applications. The company was founded by Goutham Rao, Murli Thirumale and Vinoid Javaraman in 2014 and is headquartered in Los Altos, CA.

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Datos IO, Inc. develops time management software for enterprise. Its products include scale-out software, scalable versioning, reliable recovery and semantic deduplication. The firm offers backup and recovery, cloud data protection and big data solutions. The company was founded by Tarun Thakur and Prasenjit Sarka in June 2014 and is headquartered in San Jose, CA.

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Founding & Managing Partner at Crowberry Capital ehf

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Sequoia Capital seeks investment opportunities in companies located in the US. The firm target companies operating in the fields of consumer and enterprise. It provides financing for early and growth transactions.

Jabil, Inc. IT Consulting & Services | St. Petersburg, FL

Jabil, Inc. engages in the provision of electronic manufacturing services and solutions. It offers electronics design, production, product management, and repair services to companies in the automotive and transportation, capital equipment, consumer lifestyles and wearable technologies, computing and storage, defense and aerospace, digital home, healthcare, industrial and energy, mobility, networking and telecommunications, packaging, point of sale, and printing industries. The firm operates through the following segments: Electronics Manufacturing Services and Diversified Manufacturing Services. The Electronics Manufacturing Services segment focuses around leveraging IT; supply chain design and engineering; and technologies largely centered on core electronics. The Diversified Manufacturing Services segment provides engineering solutions, with an emphasis on material sciences and technologies. The company was founded by William E. Morean and James Golden in 1966 and is headquartered in St. Petersburg, FL.

QLogic LLC IT Consulting & Services | San Jose, California

QLogic LLC engages in the designs and supplies of network infrastructure products that provides, enhances and manages computer data communication. Its products include adapters, switches, and ASICs. The company was founded in 1994 and is headquartered in San Jose, CA.

E2open LLC Computer Software | Austin, TX

E2open LLC provides solutions for supply chain management. It serves the pharmaceutical, consumer goods, industrial manufacturing and automotive sectors. The firm’s solutions include channel data management, inventory visibility, sourcing and procurement. The company was founded by John B. Mumford in July 2000 and is headquartered in Austin, TX.

Dell Technologies, Inc. Computer Hardware - Round Rock, Texas

Dell Technologies, Inc. is a holding company, which engages in the provision of information technology hardware, software, and service solutions through its subsidiaries. It operates through the following segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware. The ISG segment includes servers, networking, and storage, as well as services and third-party software and peripherals that are closely tied to the sale of ISG hardware. The CSG segment consists of sales to commercial and consumer customers of desktops, thin client products, and notebooks. The VMware segment provides compute, cloud management, networking and security, storage and availability, and other end-user computing offerings. The company was founded by Michael Saul Dell in 1984 and is headquartered in Round Rock, TX.

The International Business Machines Corporation (IBM) is an American multinational technology and consulting corporation, with headquarters in Armonk, New York, United States. IBM manufactures and markets computer hardware and software, and offers infrastructure, hosting and consulting services in areas ranging from mainframe computers to nanotechnology.

Pure Storage, Inc. Computer Hardware - Mountain View, CA

Pure Storage, Inc. engages in the provision of flash-based storage solutions. Its technology replaces storage systems designed for mechanical disk with all-flash systems optimized end-to-end for solid-state memory. The company was founded by John Hayes and John Colgrove in October 2009 and is headquartered in Mountain View, CA.

Awards & Honors
Rank #422
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #422
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
Rank #34
Forbes Magazine - The Nifty 50
Sponsored by
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