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NetApp (NasdaqGS: NTAP) announced the acquisition of JetStream Software to expand its data protection and cyber resilience offerings for AI workloads and VMware environments.
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The deal brings JetStream Software’s disaster recovery, application protection, and cloud migration technology into NetApp’s portfolio for enterprise clients.
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NetApp aims to use JetStream Software’s capabilities to support customers modernizing infrastructure for AI driven applications and hybrid cloud setups.
For readers looking to find more companies building the infrastructure behind AI workloads, the next logical step is to explore 56 AI infrastructure stocks
For context, NetApp operates in the data storage and cloud infrastructure segment, supporting large enterprises that run mission critical workloads. The stock has delivered strong multi year returns, including 79.8% year to date and 164.2% over 3 years, with the current share price at $191.48. That performance has kept NetApp on the radar of investors focused on AI related infrastructure.
Beyond the headline: 1 risk and 3 things going right for NetApp that every investor should see.
How the JetStream deal feeds NetApp’s AI and hybrid cloud Narrative
The NetApp investment story centers on the idea that demand for AI and hybrid cloud infrastructure will support higher-margin, subscription-led storage services. This acquisition sits directly in that Narrative because it focuses on protecting and moving data for complex enterprise workloads.
“Strengthened hyperscaler partnerships and cloud innovations position NetApp for increased market share, long-term revenue growth, and enhanced profitability…
The JetStream Software deal supports the part of the NetApp thesis that leans on AI-ready, cloud-integrated storage rather than legacy hardware. By folding disaster recovery and workload mobility into its portfolio, NetApp is adding services that can deepen ties with customers already using AWS, Azure or Google Cloud and running VMware estates alongside AI projects.
This also lines up with the push toward subscription and Storage-as-a-Service models. Data protection and cyber resilience are natural add-ons to Keystone and public cloud offerings. These services can help NetApp defend margins as memory costs and competition from players like Dell and Pure Storage remain pressure points.
