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The transaction enables Commvault to leverage Clumio’s offerings to provide cyber resilience to next generation applications. Clumio serves a wide range of customers including Atlassian, Cox Automotive, and Duolingo. The asset acquisition is expected to close in early October 2024.
Commvault helps more than 100,000 organizations keep data safe and businesses resilient and moving forward. It offers a cyber resilience platform that combines data security and rapid recovery at enterprise scale across any workload, anywhere – at the lowest TCO.
More information on the transaction can be found here.
The Hogan Lovells deal team was led by partners Alex Aber (M&A, Boston), Chris Natkanski (IP, Boston), Nicola Lemay (Tax, Boston), and Jacky Scanlan-Dyas (M&A, Tokyo), senior associates Shaida Mirmazaheri (M&A, Boston) and Chasse Osborn (Tax, Boston), and associate Dalton Rodriguez (M&A, Boston).