 | |
| Type | Public (NASDAQ: NTAP) |
|---|---|
| Founded | 1992 |
| Founder(s) | David Hitz James Lau |
| Headquarters | 495 East Java Drive Sunnyvale, California, USA |
| Area served | Worldwide |
| Key people | Tom Georgens, Pres. and CEO Dan Warmenhoven, Executive Chairman Tom Mendoza, Vice Chairman Steve Gomo, CFO David Hitz, EVP Steve Kleiman, Chief Scientist James Lau, EVP, and CSO Brian Pawlowski, CTO |
| Industry | Data storage devices |
| Products | FAS6000, FAS3100, FAS2000, S Family, NetApp Manageability Software Family, SANscreen, NearStore on FAS, NearStore VTL, DataFort, Information Server, V-Series, Performance Acceleration Module |
| Revenue | ▲ $ 3.406 billion (2009)[1] |
| Operating income | ▼ $ 47.1 million (2009)[1] |
| Net income | ▼ $ 86.5 million (2009)[1] |
| Total assets | ▲ $ 5.472 billion (2009)[1] |
| Total equity | ▲ $ 1.662 billion (2009)[1] |
| Employees | 8,380 (2008)[2] |
| Website | Netapp.com |
NetApp, Inc. (NASDAQ: NTAP), formerly Network Appliance, Inc., is a proprietary computer storage and data management company headquartered in Sunnyvale, California. It is a member of the NASDAQ-100 and ranks as the number one place to work[3] on the Fortune 1000.
Contents |
NetApp was founded in 1992 by David Hitz, James Lau, and Michael Malcolm.[2][4] At the time, its major competitor was Auspex. In 1994, NetApp received venture capital funding from Sequoia Capital.[5] It had its initial public offering in 1995. NetApp thrived in the internet bubble years of the mid 1990s to 2001, during which the company grew to $1 billion in annual revenue. After the bubble burst, NetApp's revenues quickly declined to $800 million in its fiscal year 2002. Since then, the company's revenues have steadily climbed.
On August 19, 2009, Dan Warmenhoven stepped down as CEO and was replaced by Tom Georgens.[6]
The line of NetApp filers was the company's flagship since the very beginning. A filer is a type of disk storage device which owns and controls a filesystem, and presents files and directories to hosts over the network. This scheme is sometimes called file storage, as opposed to the block storage that has been traditionally provided by major storage vendors like EMC Corporation and Hitachi Data Systems.
NetApp's filers initially used NFS and CIFS protocols based on standard local area networks (LANs), whereas block storage consolidation required storage area networks (SANs) implemented with the Fibre Channel (FC) protocol. In 2002, in an attempt to increase market share, NetApp added block storage access as well. Today, NetApp systems support it via FC protocol, the iSCSI protocol, and the emerging Fibre Channel over Ethernet (FCoE) protocol.
The filers use NetApp's proprietary operating system called Data ONTAP which includes code borrowed from Berkeley Net/2 BSD Unix and other operating systems.[7] Data ONTAP originally only supported NFS, but CIFS, iSCSI and Fibre Channel were later added ("Unified Storage" concept model). Today, NetApp provides two variants of Data ONTAP. Data ONTAP 7G and a nearly complete rewrite[8] called Data ONTAP GX, based upon grid technology acquired from Spinnaker Networks. In the near future these software product lines will be merged into one OS - Data ONTAP 8, which will fold Data ONTAP 7G onto the Data ONTAP GX cluster platform.
In 2006, NetApp launched a Virtual Tape Library (VTL) product for magnetic tape data storage virtualization.
In 2007 NetApp introduced its own deduplication technology: NetApp Dedupe, available for all current models of NetApp filer.
Acquired from the Decru acquisition, the Decru Datafort storage encryption device is used to encrypt NFS, CIFS, iSCSI or Fibre Channel storage. The series also includes a lifetime key management appliance to store and safeguard the encryption keys.
In September 2007, NetApp initiated proceedings against Sun Microsystems, claiming that the ZFS File System developed by Sun infringed its patents.[10] The following month, Sun announced plans to countersue based on alleged misuse by NetApp of Sun's own patented technology.[11]
NetApp competes in the Data Storage Devices industry.[12] NetApp ranks third in market capitalization in its industry, behind EMC Corporation and Seagate Technology, and ahead of Western Digital, Brocade, Data Domain, Imation, Quantum, and Isilon.[13] In total revenue, NetApp ranks fourth behind EMC, Seagate, Western Digital, and ahead of Imation, Brocade, Xyratex, and Hutchinson Technology.[14] Note that these lists of competitors do not include companies with significant storage businesses, such as Hewlett Packard, IBM, Hitachi Data Systems, Dell, Sun Microsystems, and Panasas and Fujitsu.
NetApp also has a long history of making "Best Places to Work" lists. The company ranked first on Fortune's 100 Best Companies to Work For for 2009.[15] This is the seventh consecutive year NetApp has earned a spot on the list, placing in the top 50 each time. NetApp also earned top honors in the "Best Companies to Work for in Research Triangle Park" competition in 2006. Other previous distinctions include making ComputerWorld's "Top 100 Places to Work in IT 2005", "Best Places to Work" in the Greater Bay Area in 2006 by the San Francisco Business Times and the Silicon Valley/San Jose Business Journal, and the 8th spot on the 2006 list of "Best Workplaces in Germany" by Capital Magazine.
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