Wednesday, January 12, 2011
NetApp Buys Akorri Networks
Sunnyvale-based NetApp said this morning that it has acquired Akorri Networks, in an all cash transaction. Financial terms of the buy were not disclosed. Akorri develops data center management software focused on virtualization and storage archiving. Akorri was based in Littleton, Massachusetts, and was venture backed by Matrix Partners, North Bridge Venture Partners, and others.