Cyber resilience and data protection firm Commvault has acquired Appranix, a cloud cyber resilience company, to help customers recover more quickly after an outage or attack. Financial terms of the deal were not disclosed.
This is technology M&A deal number 96 that ChannelE2E and MSSP Alert have covered so far in 2024. See more than 2,000 technology M&A deals for 2024, 2023, 2022, 2021, and 2020 listed here.
Commvault, founded in 1996, is based in Tinton Falls, New Jersey. The company has 3,000 associated members listed on LinkedIn. Commvault's areas of expertise include data management lifecycle, information management, cloud computing, storage, enterprise software, virtualization, storage area network, disaster recovery, software-as-a-service, VMware, professional services, storage virtualization, enterprise storage, cloud solutions, data security, cyber defense, and cyber recovery.
Appranix, founded in 2016, is based in Boston, Massachusetts. Appranix has 71 associated members listed on LinkedIn. The company's areas of expertise include backup, disaster recovery, cloud resiliency, cyber resilience, ransomware recovery, cloud backup and disaster recovery, cloud-native backup, container backup, Kubernetes backup and disaster recovery, and multi-cloud disaster recovery.
The Appranix team will join Commvault, 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, the company said.
According to Statista, the average downtime an organization experiences after a ransomware attack is 24 days. Commvault's solutions already reduce downtime by recovering data rapidly via automation and next-generation cleanroom offerings, the company said.
The Appranix acquisition will take this process to its next logical step by focusing on the dependencies that are necessary to rebuild critical cloud applications, the data those applications rely on, and the cloud infrastructure that runs it all, the companies said. 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, the firm said.
“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 and 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.”
