Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.

NetApp Completes Sale of NetCache Assets To Blue Coat Systems, Inc.

  • 12 September, 2006 12:20

<p>SUNNYVALE, Calif. – September 11, 2006 – Network Appliance, Inc. (NASDAQ:NTAP), the leader in advanced networked storage solutions, today announced that it has completed the sale of a substantial portion of its NetCache™ assets to Blue Coat® Systems (NASDAQ: BCSI). NetApp will continue to support existing customers’ NetCache appliances for the duration of their support contracts, and will honor all currently existing NetCache customer commitments. NetApp considers the transaction to be immaterial to expectations for its business going forward.</p>
<p>For more information regarding this transaction, please see the press release of June 23, 2006 at http://www.netapp.com/news/press/news_rel_20060623 .</p>
<p>About Network Appliance</p>
<p>Network Appliance is a world leader in unified storage solutions for today's data-intensive enterprise. Since its inception in 1992, Network Appliance has delivered technology, product, and partner firsts that simplify data management. Information about Network Applianceä solutions and services is available at www.netapp.com.</p>
<p>"Safe Harbor" Statement under U.S. Private Securities Litigation Reform Act of 1995 This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include Network Appliance’s expectation that it will continue to support all currently existing NetCache customers after the closing of the transaction and the expectation that the transaction will not be material to Network Appliance’s future business results. These forward-looking statements involve risks and uncertainties, and actual results may vary significantly. Factors that could impact our ability to achieve our goals include the risk that some NetCache customers may not react positively to our sale of the NetCache business, the risk that the transaction could negatively impact our sales to customers in our core businesses and other important factors as described in Network Appliance, Inc.'s reports and documents filed from time to time with the Securities and Exchange Commission, including our most recently submitted 10-K and 10-Q. We disclaim any obligation to update information contained in these forward-looking statements whether as a result of new information, future events or otherwise.</p>
<p># # #</p>
<p>Contact:</p>
<p>Network Appliance, Inc.
Mark Heers
Ph: (02) 9779-5600
Mark.heers@netapp.com</p>
<p>Max Australia
Debbie Sassine
Ph: (02) 9954 3492
Debbie.sassine@maxaustralia.com.au</p>

Most Popular

Brand Post

Most Popular Reviews

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?