M&A - NetApp, Inc.

Form Type: 10-K

Filing Date: 2025-06-09

Corporate Action: Acquisition

Type: Update

Accession Number: 000095017025083705

Filing Summary: This filing discusses NetApp, Inc.'s recent acquisition of Instaclustr, Inc., which is part of the company's strategy to enhance its cloud capabilities and expand its service offerings. The 10-K also outlines significant financial figures, including revenues, expenses related to various segments, and overall financial health metrics. Moreover, it reflects on operational segments, focusing on hybrid and public cloud services. The report includes discussions on customer concentration risks and the impact of recent market trends on performance. There are detailed insights into the company's financial commitments and credit facilities, with an emphasis on managing investments in technologies to drive future growth.