NetApp Selling Some Software Assets to Thoma Bravo’s Flexera

Lock
This article is for subscribers only.

NetApp Inc. has agreed to sell a portfolio of cloud software assets it acquired in recent years to Thoma Bravo-backed Flexera.

Flexera will buy the Spot by NetApp FinOps business from NetApp, according to a statementBloomberg Terminal on Wednesday that confirmed an earlier Bloomberg News report. Financial terms were not disclosed.