January 03, 2008
NetApp to buy Onaro to boost storage management
Onaro's main product family, SANScreen, is complementary to NetApp's existing offerings
Recommend ThisStorage vendor Network Appliance said Thursday it plans to buy Onaro, a Boston company that develops storage management software.
Onaro's main product family is SANScreen. The suite's components include an engine that models the relationships between components in a distributed system; a repository that monitors the storage services that applications need; and a change repository for tracking device and service changes, according to a company white paper. The point is to help administrators improve performance and resolve problems within their storage area networks.
Onaro's technology is deployed in 32 percent of the Fortune 50 companies, according to a statement. NetApp said Onaro's products are complementary to its existing offerings, which include its V-Series virtualization systems; ReplicatorX data recovery and replication software; and its Decru DataFort storage encryption appliances.
NetApp said the deal will close in the first quarter of this year. Financial terms were not disclosed. Shares of NetApp stock were trading at roughly $25 Thursday morning, a rise of approximately $0.25.
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