NetApp Announces Intent to Acquire PEAK:AIO to Advance Scalable AI Infrastructure Architecture


This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about the anticipated benefits of the acquisition of PEAK:AIO, including the ability to accelerate NetApp’s AI infrastructure roadmap, add specialized metadata services and parallel namespace innovation to NetApp’s ONTAP-based data architecture, create a clear evolution path for existing ONTAP customers, combine PEAK:AIO’s specialized metadata innovations with NetApp’s ONTAP software, extend metadata scale, deliver a global namespace, and enable parallel NFS-based access for massively parallel workloads, support trillions of files and multi-exabyte deployments while preserving the resiliency, security, and operational simplicity, deliver new capabilities that simplify the deployment and operation of shared storage for increasingly large AI environments; our business, economic and market outlook; our overall future prospects; demand for our AI solutions and other offerings; and our ability to deliver increasing results and value for our stakeholders. These and other important factors are described in reports and documents we file from time to time with the Securities and Exchange Commission, including the factors described under the sections titled “Risk Factors” in our most recently filed annual report on Form 10-K and quarterly report on Form 10-Q. All statements made in this release are made only as of the date set forth at the beginning of this release. We disclaim any obligation to update information contained in this press release whether as a result of new information, future events, or otherwise.



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