NetApp will sell some of its cloud software assets to Flexera in a $100 million deal


NetApp headquarters in Silicon Valley

Various Photography/iStock Editorial via Getty Images

NetApp (NASDAQ:NTAP) is selling a portfolio of cloud software assets worth about $100 million to Itasca, Flexera, Bloomberg News reported, citing people familiar with the matter.

The deal, which could be announced on Wednesday, includes some businesses from NetApp's acquisition of startups.



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