ANU-backed Instaclustr acquired by NetApp for more than $500m

The Canberra-based startup Instaclustr, which was incubated on campus at the Australian National University, is set to be acquired by US giant NetApp at a price understood to be above $500 million. Founded in 2012, Instaclustr makes cloud-based internet products for companies to store and use large volumes of data to power their apps and…

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