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NetApp to buy flash storage maker SolidFire for $870 million

December 21, 2015 4:32 PM

(Reuters) - Data storage equipment maker NetApp Inc (NASDAQ: NTAP) said it would buy SolidFire, a flash-storage systems maker, for $870 million in cash.

The deal is expected to close in the fiscal fourth quarter, the company said on Monday.

(Reporting by Supantha Mukherjee in Bengaluru)

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