NetApp today announced that it is acquiring Akorri Networks, a virtualization software company that provides data center management software for shared IT infrastructures. The terms of agreement have not been disclosed yet except that it is an all-cash deal.

Manish Goel, executive vice president, Product Operations, NetApp says,  “The ability to accurately predict and manage performance and capacity requirements has been a common obstacle for many customers wanting to transition to a virtualized environment. Akorri further strengthens NetApp’s data management capabilities to achieve greater quality of service and performance in their virtual and cloud environments. With these enhanced capabilities, customers can accelerate their transition to a shared IT infrastructure so that they can use IT as a tool to capitalize on new growth opportunities and spend fewer resources managing their environments.”

Founded in 2005, Akorri is headquartered in Littleton, Massachusetts and a leading provider of data center management software. This privately held company has also raised a good amount funding, approx. $48.7 million ever since its establishment.

The acquisition deal is expected to close early in NetApp’s fourth fiscal quarter. Together, both companies will provide their customers with comprehensive tools to automate their shared IT infrastructures and best ever capabilities for storage management and analytics.

Well, this is not the only development made by NetApp in recent weeks. Just yesterday we heard about company’s IT and virtualization solutions used by Central Connecticut State University (CCSU) to build its IT.

“Universities all over the country are using our deduplication and storage efficiency features to dramatically reduce the amount of storage they need to buy and manage, said Mark Weber, president and general manager of U.S. Public Sector at NetApp. “This allows universities more time and resources to help serve students and faculty.”