NetApp acquired DataPelago on July 21, 2026, to expand its portfolio and enable GPU-accelerated data processing aligned with the storage layer.

Acquirer:NetApp (US)
Target:DataPelago (US)
Deal Value:Undisclosed
Type of Deal:Acquisition
Close Date:2026-07-21
Announcement Date:2026-07-21
Buy-Side Financial Advisors:Not Disclosed
Sell-Side Financial Advisors:Not Disclosed
Buy-Side Legal Advisors:Orrick Herrington & Sutcliffe
Sell-Side Legal Advisors:Not Disclosed

The acquisition marks a foundational expansion of NetApp's portfolio in the AI data infrastructure market. By integrating DataPelago’s innovative approach to eliminating data processing bottlenecks for AI and analytics workloads, NetApp aims to enhance its offerings in intelligent data infrastructure.

Strategic Rationale

The deal is driven by NetApp's desire to leverage DataPelago’s GPU-accelerated technology to offer more robust solutions that align with the demands of advanced AI applications. This acquisition positions NetApp as a leader in providing enterprise-level data processing and storage capabilities, particularly for AI-driven enterprises.

Financial Context

The terms of the deal were not disclosed. However, the move is seen as a strategic investment to bolster NetApp’s technological leadership in an increasingly competitive landscape where rapid advancements in AI technology demand high-performance computing infrastructure.

Advisors

Orrick Herrington & Sutcliffe represented NetApp in this transaction. The role of other advisors was not disclosed.

Outlook

The acquisition is expected to strengthen NetApp’s position in the AI data infrastructure market, enabling it to cater more effectively to enterprises requiring robust and scalable storage solutions for advanced analytics and AI applications.