Hewlett Packard Enterprise Acquires Zerto for $374 Million

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Hewlett Packard Enterprise Acquires Zerto for _374

Hewlett Packard Enterprise has recently confirmed about a definitive agreement to buy Zerto, the cloud data management and protection firm. The deal was signed for US $374 million in cash.

With this acquisition, the technology giant is planning to expand its GreenLake cloud data services while moving the HPE Storage. The ultimate aim is to develop a cloud-native, software-defined data services business.

As explained by Antonio Neri, President and CEO at HPE – “Zerto’s market-leading cloud data management and protection software expands HPE GreenLake cloud data services, allowing customers to protect their data and rapidly act on insights, from edge to cloud.”

Source: SecurityWeek

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