NetApp is planning to acquire Bycast, a storage virtualization vendor, in an attempt to improve its object-based storage capabilities.
"Object-based storage is a new and emerging approach to storing and accessing data based on object names and rich metadata that describes the content in greater detail, which simplifies the task of large-scale object storage while improving the ability to quickly search and locate data objects," NetApp said in an announcement of the acquisition Wednesday.
NetApp has a definitive agreement to acquire the company in an all-cash deal expected to be completed next month. The amount of the acquisition was not disclosed. Bycast is a 10-year-old private company which is based in Vancouver and has more than 250 customers.
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