NetApp – earlier Network Appliance Inc. – is an IT and innovation enterprise founded by David Hitz, James Lau and Michael Malcolm in 1992. Its goal was to produce affordable network mass storage systems, which can help to decrease the IT relevant expenditures, CAPEX (capital expenditure) and OPEX (operational expenditure) as well.
Nowadays it has become a market leader multinational company and has been introduced into the US Stock Exchange (NASDAQ: NTAP).