M&A Deal Summary

CommVault Acquires Clumio

On September 24, 2024, CommVault acquired software company Clumio

Acquisition Highlights
  • This is CommVault’s 2nd transaction in the Software sector.
  • This is CommVault’s 3rd transaction in the United States.
  • This is CommVault’s 2nd transaction in California.

M&A Deal Summary
Date 2024-09-24
Target Clumio
Sector Software
Buyer(s) CommVault
Deal Type Add-on Acquisition

Target

Clumio

Santa Clara, California, United States
Clumio is a provider of data protection for critical cloud data in AWS. Clumio helps organizations simplify data protection in AWS. Its secure air-gapped SaaS backup solution enables organizations to achieve ransomware protection, backup and restore data in minutes, and gain better visibility to optimize cloud storage costs. Clumio was formed in 2017 and is headquartered in Santa Clara, California.

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Buyer(S) 1

Buyer

CommVault

Tinton Falls, New Jersey, United States
Category Company
Founded 1988
Sector Information Technology
Employees2,848
Revenue 785M USD (2023)
DESCRIPTION

CommVault is a provider of solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. CommVault was incorporated in 1988 and is based in Tinton Falls, New Jersey.

DEAL STATS #
Overall 3 of 3
Sector (Software) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (California) 2 of 2
Country (United States) 3 of 3
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-16 Appranix

Boston, Massachusetts, United States

Appranix is a cloud-native cyber resilience with an approach to rapid cyber recovery and business continuity. Their technology allows businesses to seamlessly protect, recover, and manage cloud applications and data against modern cyber threats. Appranix was founded in 2016 and is based in Boston, Massachusetts.

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