Buyout Desk
Strategic

NetApp completes acquisition of PEAK AIO

PEAK:AIO, a developer of metadata and parallel file system technology for AI storage, has been acquired by NetApp.

NetApp, the Nasdaq-listed Intelligent Data Infrastructure company based in San Jose, California, said it has completed its acquisition of PEAK:AIO. PEAK:AIO develops next-generation metadata architecture and high-performance parallel file systems.

NetApp said the deal will bring PEAK:AIO's metadata services and parallel namespace technology into its ONTAP-based data architecture and support its NetApp Novus high-performance storage product. The company said this will help it deliver zettabyte-scale file systems for AI clouds and GPU-as-a-service providers.

NetApp CEO George Kurian said the combination would deliver a new storage architecture built for AI infrastructure.

Deal facts

Target
PEAK:AIO
Business
Developer of next-generation metadata architecture and high-performance parallel file systems for AI workloads
Buyer
NetApp
Deal type
Strategic
Status
Completed
Announced
Monday, November 2, 2026

Sources

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