NetApp, Inc. acquired Data Mechanics Inc. for $15 million.
June 21, 2021
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NetApp, Inc. (NasdaqGS:NTAP) acquired Data Mechanics Inc. on June 18, 2021.
NetApp, Inc. (NasdaqGS:NTAP) completed the acquisition of Data Mechanics Inc. for approximately $15 million on June 18, 2021. As per the terms, consideration will be paid in the form of cash. Ed Batts, Bernard Grinspan, Marie-Charlotte Mevel, Nataline Fleury, Jérôme Delaurière, Vera Lukic, Adélaïde Cassanet, Claire-Marie Hincelin and Adrien Bée of Gibson, Dunn & Crutcher LLP acted as legal advisors to NetApp, Inc. in the deal. Julie Herzog, Solène Thomas, François Troadec and Michaël Taïeb of Peltier Juvigny Marpeau & Associés acted as legal advisors to Data Mechanics in the deal.
NetApp, Inc. specializes in the design, manufacturing and marketing of equipment for managing and storing network data. Net sales break down by family of products and services as follows:
- product sales (52%): file, cache and storage servers, data management, content distribution and information synthesis softwares;
- support services (37.1%): consulting, maintenance, technical assistance and training services;
- cloud services (6.3%): cloud storage and data management services;
- professional services (4.6%).
Net sales are distributed geographically as follows: Americas (54.8%), Europe/Middle East/Africa (31.3%) and Asia/Pacific (13.9%).
NETAPP, INC. 
