NetApp, Inc. (NASDAQ: NTAP), formerly Network Appliance, Inc., is a proprietary computer storage and data management company headquartered in Sunnyvale, California. It is a member of the NASDAQ-100 and ranks as the number one place to work on the Fortune 1000.
NetApp was founded in 1992 by David Hitz, James Lau, and Michael Malcolm. At the time, its major competitor was Auspex. In 1994, NetApp received venture capital funding from Sequoia Capital...
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NetApp, Inc. (NASDAQ: NTAP), formerly Network Appliance, Inc., is a proprietary computer storage and data management company headquartered in Sunnyvale, California. It is a member of the NASDAQ-100 and ranks as the number one place to work on the Fortune 1000.
NetApp was founded in 1992 by David Hitz, James Lau, and Michael Malcolm. At the time, its major competitor was Auspex. In 1994, NetApp received venture capital funding from Sequoia Capital. It had its initial public offering in 1995. NetApp thrived in the internet bubble years of the mid 1990s to 2001, during which the company grew to $1 billion in annual revenue. After the bubble burst, NetApp's revenues quickly declined to $800 million in its fiscal year 2002. Since then, the company's revenues have steadily climbed.
On August 19, 2009, Dan Warmenhoven stepped down as CEO and was replaced by Tom Georgens.
The line of NetApp filers was the company's flagship since the very beginning. A filer is a type of disk storage device...
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