On October 4th, 2021, NetApp announced a definitive agreement to acquire CloudCheckr, a market leader in cloud financial and operational optimization. NetApp positions this acquisition as accretive to its agreement to acquire Spot (now called Spot by NetApp post-acquistion) in June 2020 to support hybrid cloud optimization and usage management. This Market Alert explains why NetApp agreed to purchase CloudCheckr and provides recommendations for cloud professionals seeking to make a decision on purchasing or evaluating a cloud cost, cloud optimization, or Cloud FinOps (Financial Operations) solution.