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New Deal


Announced

NetApp to acquire CloudJumper.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

United States

Acquisition

Pending

computer software

Private

Software

Single Bidder

Majority

Synopsis

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NetApp, a provider of cloud data services, agreed to acquire CloudJumper, a cloud software company in the virtual desktop infrastructure and remote desktop services markets. Financial terms were not disclosed. "The ability to provide a consistent virtual desktop experience at scale while keeping data available and secure without sacrificing performance has always been important and is especially critical in today’s unprecedented environment. NetApp and CloudJumper provide a simplified management platform for delivering virtual desktop infrastructure, storage and data management across Microsoft Azure, AWS and Google Cloud with best in class virtual desktop management combined with best in class storage and data services," Anthony Lye, NetApp, SVP and General Manager of the cloud data services business unit.

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