According to techcrunch, Google announced today that it will acquire Actifio, a data management and disaster recovery provider. After the acquisition, Actifio will be incorporated into Google cloud. The terms of the deal have not yet been disclosed. Actifio was founded in 2009 to provide long-term data storage, backup and recovery services for enterprise users.
It is worth noting that when the company valued more than $1 billion in a 2014 round of financing, it said it was preparing for an IPO (which has not yet been listed). It is reported that Actifio was valued at $1.3 billion in 2018. At the beginning of this year, the company seems to be raising funds at a price 60% lower than its latest valuation. At present, it has raised about $461 million. Investors include Andreessen Horowitz, TCV, tiger, 83 north, etc. In addition, the company filed a patent infringement lawsuit against rubrik earlier this year.
What will the acquisition of Actifio bring to Google?
In recent years, Google has entered one of the key investment areas of enterprises. With the growth of increasingly complex security vulnerabilities and increasingly stringent data protection regulations, data security and data management have become new priorities.
Of course, there are many virtual servers in the field of virtual backup, such as Oracle SQL server, Oracle SQL server, and so on, which can be used for data management in Oracle virtual server, including Oracle SQL server and Oracle virtual server The fact that this will enable Google to play a strong role in working with companies in a hybrid cloud environment.
The acquisition of Actifio will help us better serve businesses that deploy and manage critical business workloads, including hybrid scenarios, and will be committed to supporting our backup and disaster recovery technologies and channel partner ecosystem, providing customers with a variety of choices so that customers can choose the solution that best suits their needs.
Ash ashutosh, Actifio's chief executive, said in a statement:
We are very happy to join Google cloud and have been successful as a partner for the past four years.
Backup and recovery are critical to the adoption of enterprise cloud, and together with Google cloud, we are in a good position to meet the needs of data-driven customers from all walks of life.