Acquisition enables Commvault to solve a
critical cyber resilience challenge facing enterprises today –
rapidly rebuilding cloud applications after an outage or
attack
TINTON
FALLS, N.J., April 16,
2024 /PRNewswire/ -- Commvault, a leading provider of
cyber resilience and data protection solutions for the hybrid
cloud, today announced the acquisition of Appranix, a cloud cyber
resilience company. Commvault is making this acquisition to
help enterprises get up and running even faster after an outage or
cyberattack.
According to Statista, the average downtime after a ransomware
attack is 24 days. Commvault is helping customers reduce downtime
by recovering data rapidly via automation and next-generation
cleanroom offerings. But fast data recovery is only part of the
equation.
There are dependencies that are necessary to rebuild critical
cloud applications, the data those applications rely on, and the
cloud infrastructure that runs it all. Dependencies include
networking, DNS configuration, application load balancing, security
group access, and much more. Appranix automates all of this and can
reduce the time it takes to rebuild from days or weeks to, in some
cases, hours or minutes.
"We are taking resilience to the next level by marrying
Commvault's extensive risk, readiness, and recovery capabilities
with Appranix's next-generation cloud-native rebuild capabilities,"
said Sanjay Mirchandani, President
& CEO, Commvault. "We are delighted to welcome Appranix to the
Commvault family."
"Joining the Commvault family is a thrilling and natural next
step for Appranix as we jointly change the market," said
Govind Rangasamy, Appranix Founder
and CEO. "We share a common vision to go beyond traditional backups
and disaster recovery. Our combined technologies will offer
comprehensive, unmatched resilience capabilities for businesses
globally."
"Complete cyber resilience is an aspirational goal for most
enterprise customers. This acquisition makes cyber
resilience-at-speed a reality by extending automated rebuild
capabilities to distributed and dynamic cloud applications," said
Archana Venkatraman, Research
Director, Cloud Ops and Cloud Data Management, IDC.
The Appranix team will join Commvault imminently and the
integration of Appranix's technology into Commvault's portfolio is
expected to be completed by this summer. In the meantime, customers
can leverage Appranix for their cloud application discovery and
rebuild requirements, via the AWS, Google Cloud, and Microsoft
Azure marketplaces.
More Information
To learn more about this news, read
the latest blog.
Commvault was advised by Hogan & Lovell LLP.
About Commvault
Commvault (NASDAQ: CVLT) is the gold
standard in cyber resilience, helping more than 100,000
organizations keep data safe and businesses resilient and moving
forward. Today, Commvault offers the only cyber resilience platform
that combines the best data security and rapid recovery at
enterprise scale across any workload, anywhere—at the lowest
TCO.
About Appranix
Appranix has revolutionized
cloud-native cyber resilience with its innovative approach to rapid
cyber recovery and business continuity. Their technology allows
businesses to seamlessly protect, recover, and manage cloud
applications and data against modern cyber threats.
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SOURCE Commvault