Hewlett Packard Enterprise Acquires Zerto, For $374M
- Hewlett Packard Enterprise is to acquire Zerto, a Herzliya, Israel, and Boston, MA-based provider cloud data management and protection solutions, for $374m
- This acquisition expands HPE GreenLake and continues to deliver on HPE Storage’s shift to a cloud-native, software-defined data services business
- Zerto will be available aaS through HPE GreenLake and Data Services Cloud Console Share
- Zerto provides journal-based continuous data protection (CDP) technology that includes disaster recovery, backup, and data mobility in a single
- The company helps customers recover in minutes from ransomware, cyberattacks, and other unplanned downtime bringing data back to its original state just seconds before the attack or disruption
- Zerto’s management team is joining the HPE family following the close of the transaction
