M&A Deal Summary

Quantum Acquires EnCloudEn

On August 26, 2021, Quantum acquired software company EnCloudEn

Acquisition Highlights
  • This is Quantum’s 4th transaction in the Software sector.
  • This is Quantum’s 1st transaction in India.

M&A Deal Summary
Date 2021-08-26
Target EnCloudEn
Sector Software
Buyer(s) Quantum
Deal Type Add-on Acquisition

Target

EnCloudEn

Bengaluru, India
website
EnCloudEn is an early-stage hyperconverged infrastructure (HCI) software company. The company built an HCI software stack that delivers software-defined compute, storage, and networking in one virtualized platform, and is used by large banks, engineering companies, and pharmaceutical industries in India. EnCloudEn was founded in 2015 and is based in Bengaluru, India.

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Buyer(S) 1

Buyer

Quantum

San Jose, California, United States

website

Category Company
Founded 1980
Sector Internet Software and Services
Employees827
Revenue 350M USD (2020)
DESCRIPTION

Quantum is a provider of cloud based scale-out storage, archive and data protection, providing intelligent solutions for capturing, sharing and preserving digital assets over the entire data lifecycle. Quantum was founded in 1980 and is based in San Jose, California.

DEAL STATS #
Overall 11 of 11
Sector (Software) 4 of 4
Type (Add-on Acquisition) 9 of 9
Country (India) 1 of 1
Year (2021) 2 of 2
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