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Announced

Completed

Hewlett Packard completed the acquisition of Zerto for $374m.

Financials

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Transaction Value£270m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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cloud data

Acquisition

Friendly

Private

United States

Domestic

Digital Services

Single Bidder

Majority

Completed

Synopsis

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Hewlett Packard, an American multinational information technology company, completed the acquisition of Zerto, a provider of cloud data management and protection, for $374m. "Data is now the most critical asset. With the explosive growth of data at the edge and across hybrid environments, organizations today face significant complexity in managing and protecting their data. Zerto’s market-leading cloud data management and protection software expands HPE GreenLake cloud data services, allowing customers to protect their data and rapidly act on insights, from edge to cloud," Antonio Neri, HPE President and CEO.

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