NetApp to Acquire PEAK:AIO to Enhance AI Storage Infrastructure

Key Facts

1NetApp announced its intention to acquire UK-based PEAK:AIO, a developer of software-defined storage for AI applications.

NetApp announced its intention to acquire UK-based PEAK:AIO, a developer of software-defined storage solutions for AI applications. Reuters reported that the acquisition aims to integrate PEAK:AIO’s high-performance parallel file system technology into NetApp's ONTAP software to better scale AI storage for large GPU clusters.

The deal is intended to enhance NetApp's AI infrastructure architecture and support the exabyte-scale capacities required for modern AI workloads. NTAP closed at $201.15 on September 25, 2026, having reached a day high of $201.39 and a low of $196.24 during that session.