NetApp Divests FinOps Business to Flexera: Will NTAP Stock Gain?
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NetApp (NTAP) is divesting its Spot by NetApp FinOps business to Flexera. This move is aimed at allowing NetApp to concentrate on its core intelligent data infrastructure business and enhance its long-term growth prospects.
January 16, 2025 | 2:45 pm
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NetApp is selling its Spot by NetApp FinOps business to Flexera. This strategic divestment is intended to help NetApp focus on its core business and long-term growth.
The divestment of the FinOps business allows NetApp to streamline its operations and focus on its core intelligent data infrastructure business. This strategic move is likely to be viewed positively by investors, as it aligns with long-term growth objectives, potentially leading to a positive impact on NTAP's stock price.
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