NetApp Expand OEM Business

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NetApp announced the completion of its acquisition of External Engenio Storage Systems Business of LSI Corporation with a cash transaction of U.S. $ 480 million as part of its efforts to expand the reach of the market through OEM business. With the completion of this process, NetApp get business original equipment manufacture (OEM), which in 2010 produced revenues of U.S. $ 705 million. This acquisition also aims to increase the diversity of channels to market and expand market reach.

"NetApp is very excited to develop innovative products and technologies in an effort to support the OEM business partners and assist them in meeting customer demands for managing and storing important data," said Tom Georgens, president and CEO of NetApp in the press release in Jakarta on Friday (13 / 5). Tom said that NetApp has a good reputation as a company that supports partners and OEM business is in line with corporate strategy to achieve growth.

Meanwhile Rick Scurfield, vice president and general manager of NetApp's OEM business, will oversee and manage partnerships and OEM business globally. While Juan De Zulueta who have experienced leadership in the channel for 15 years and currently serves as president of EMEA partner organization, will become vice president of OEM business operations in EMEA. Mike Reilly will be given a position as director of OEM sales in the United States and the sound will Kawanishi served as director of OEM sales in Asia Pacific

As part of the transaction, NetApp also get a team of trained and have the expertise to manage the OEM business model, and to ensure continuity during the transition process. OEMs will also benefit from NetApp that getting the award in serving and supporting users.

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Title Post: NetApp Expand OEM Business
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