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NetApp to acquire PEAK:AIO to boost AI storage and metadata tech for large-scale AI systems

Company Fundamentals
25 Sep 2026
Proactive Investors
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Bullish
NetApp to acquire PEAK:AIO to boost AI storage and metadata tech for large-scale AI systems

NetApp announced plans to acquire UK-based PEAK:AIO, a company specializing in high-performance storage and metadata architecture for AI workloads. This acquisition aims to enhance NetApp's AI infrastructure by integrating PEAK:AIO's technology, which supports large-scale AI systems with trillions of files and multi-exabyte deployments. PEAK:AIO's platform separates metadata from data to improve scalability and reduces delays in data access, crucial for AI model training using GPUs. The deal is pending regulatory approval and follows NetApp's recent acquisitions of DataPelago and JetStream Software, reflecting its strategy to expand its AI data infrastructure portfolio.

Following NetApp's announcement to acquire PEAK:AIO and boost its AI infrastructure capabilities, NTAP shares are trading positively on Pluang. As of Sep 25, 2026 22:41 WIB, NTAP is priced at USD 198.85, up 0.82% for the day. The stock shows strong investor interest with 98% of Pluang order activity on the buy side and a market cap of $38.74 billion.

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