Announced
Financials
Sources
Tags
data storage
Acquisition
software solutions
Software
Pending
Friendly
United States
Private
Single Bidder
Synopsis
Commvault, a leading provider of software solutions acquires Hedvig, a provider of software-defined storage for $225m. "This acquisition demonstrates how Commvault is leading the way towards the intersection of storage and data management," said Sanjay Mirchandani, Commvault CEO. "We believe joining Hedvig's innovative software-defined storage capabilities with Commvault's industry leading data protection reduces fragmentation and leapfrogs other solutions in the market."
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