Commvault Systems, Inc. completed the acquisition of Appranix, Inc.
April 15, 2024
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Commvault Systems, Inc. (NasdaqGS:CVLT) acquired Appranix, Inc. on April 16, 2024. Hogan Lovells US LLP acted as a legal advisor to Commvault Systems, Inc.
Commvault Systems, Inc. (NasdaqGS:CVLT) completed the acquisition of Appranix, Inc. on April 16, 2024
Commvault Systems, Inc. is a data management company. The Company provides a unified Data Management Platform that spans all the users' data regardless of where it lives (on-premises, hybrid, or multi-cloud) or how it is structured (legacy applications, databases, virtual machines (VMs), or containers). It offers solutions through all combinations of software subscriptions, integrated appliances, partner-managed, or Software as a Service (SaaS) via its Metallic portfolio. The Company's offerings are organized into four categories: Data Recovery, Data Compliance and Governance, Data Storage, and Data Security. Its Commvault Backup and Recovery (CBR) provides backup, verifiable recovery and cost-optimized cloud workload mobility, helping to ensure data availability, even across multiple clouds. Commvault Disaster Recovery (CDR) provides a replication and disaster recovery solution from a single extensible platform, which is managed through the Command Center.