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
- Business WireNov 2, 2026
- Yahoo FinanceNov 2, 2026
- Business WireNov 2, 2026
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.