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HPE Completes Acquisition of Zerto
HPE has acquired disaster recovery and data protection company Zerto, an industry leader in cloud data management and protection with a net cash purchase price at closing of $374 million.
Zerto will be placed into the HPE Storage business unit, reporting to Tom Black, Senior Vice President and General Manager. This acquisition immediately positions the HPE GreenLake edge-to-cloud platform in the high-growth data protection market with a proven solution and further propels HPE’s storage business into a cloud-native, software-defined data services business.
Zerto’s cloud data management and protection software will remain available as a standalone service and will be available as a service through the HPE GreenLake platform and the Data Services Cloud Console. Its journal-based continuous data protection technology includes disaster recovery, backup, and data mobility in a single, simple cloud data management and protection software solution that spans on-premises, hybrid, and multi-cloud environments.
Together HPE and Zerto are a powerful combination of technology, cloud operations, and go-to-market capabilities.
HPE Edgeline & Aruba Resources
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