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Network Appliance Acquires Alacritus
¡ª¡ªFrom Network Appliance, Inc. April 7, 2005
Extends Leadership in Disk-Based Backup; Helps Customers Easily Transition to Disk
Network Appliance, Inc. (NASDAQ:NTAP), a leader in advanced
networked storage solutions, today announced that it has
entered into a definitive agreement to acquire Alacritus,
a privately held company based in Pleasanton, California,
for approximately $11 million in an all-cash transaction.
Alacritus is best known for its Virtual Tape Library (VTL)
software product, which makes disks emulate tape to provide
high performance for large-scale backup environments without
disrupting established tape-backup workflow and processes.
¡°Alacritus extends our ability to provide a robust data
protection solution to our customers and will help accelerate
their transitions to disk-based backup,¡± said Amit Pandey,
vice president and general manager of the Network Appliance™
NearStore® business unit. ¡°VTL complements and expands our
comprehensive suite of disk-based backup solutions to protect
the enterprise and rapidly recover data. For customers who
want improved reliability and performance with their backup
solutions without altering their current tape environments,
VTL offers a simple and economical path to disk.¡±
In December 2004, NetApp announced a solution combining
Alacritus VTL with NetApp® NearStore and FAS storage
systems designed to back up NetApp storage as well as UNIX®
and Windows® servers. That solution is certified with
backup software from Bakbone, CA, CommVault, Dantz, EMC/Legato,
IBM, and VERITAS.
The acquisition is expected to close by the end of the
fourth fiscal quarter of 2005.
About Alacritus
Alacritus Software is the storage industry¡¯s innovation
engine for disk-based data protection software solutions.
The principals of Alacritus continue in the tradition responsible
for many key storage industry technological breakthroughs,
including Chronospan for Time Addressable Storage, Celestra
for serverless backup, the Network Data Management Protocol
(NDMP) co developed with NetApp, Third Party Copy, and the
first backup and restore tool for networked, UNIX-based
environments. More information is available at www.alacritus.com.
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