Commvault Announces Acquisition of Appranix, Accelerating and Advancing Cyber Resilience for Enterprises Globally [Yahoo! Finance]
Commvault Systems, Inc. (CVLT)
Last commvault systems, inc. earnings: 1/29 07:40 am
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Source: Yahoo! Finance
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
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News
- Commvault Turns the Concept of Cleanrooms on Its Head: Democratizing the Technology and Giving CISOs / CIOs Confidence They Can Recover When Attacked [Yahoo! Finance]Yahoo! Finance
- Commvault Turns the Concept of Cleanrooms on Its Head: Democratizing the Technology and Giving CISOs / CIOs Confidence They Can Recover When AttackedPR Newswire
- Commvault Systems Earnings: What To Look For From CVLT [Yahoo! Finance]Yahoo! Finance
- Data Storage Stocks Q4 Results: Benchmarking Snowflake (NYSE:SNOW) [Yahoo! Finance]Yahoo! Finance
- Commvault Announces Acquisition of Appranix, Accelerating and Advancing Cyber Resilience for Enterprises GloballyPR Newswire
CVLT
Earnings
- 1/30/24 - Beat
CVLT
Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 3/6/24 - Form 4
- CVLT's page on the SEC website