NetApp to Layoff 15,000 Employees Due to Lower Than Expected Performance

On Wednesday, the data storage specialist NetApp reported its revenue at a lower than expectation. The company suffered a low demand of its product and will cut 12% of its employees.

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NetApp acquires SolidFire: SolidFire is now an official part of NetApp

NetApp has completed its acquisition of SolidFire which is a scale-out flash array maker. Now customers have an advantage to meet their needs for data services by accessing industry's broadest all-flash portfolio.

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Nimble Storage to set an IPO later this year - sources

Sources said Nimble Storage would go public later this year and chose Goldman Sachs Group Inc to lead the company's IPO.

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