NetApp Divests FinOps Business to Flexera: Will NTAP Stock Gain?
NetApp(NTAP) ZACKS·2025-01-16 22:25
NetApp (NTAP) recently inked a definitive agreement to divest its Spot by NetApp FinOps business to Flexera, a global technology spend and risk management player. NetApp acquired cloud services startup –– Spot –– in July 2020. The acquisition bolstered NetApp’s Application Driven Infrastructure capabilities. Spot’s compute platform provides customers with solutions that help optimize workloads while maintaining service-level objectives (SLO) and service-level agreements (SLA). Investors responded positively ...