Announced
Completed
Financials
Tags
cloud data
Acquisition
Friendly
Private
United States
Domestic
Digital Services
Single Bidder
Majority
Completed
Synopsis
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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