Google Adding Data Back-Up, Disaster Recovery Business to Cloud Unit
02 Dicembre 2020 - 8:41PM
Dow Jones News
By Micah Maidenberg
Google said it has agreed to purchase a software company that
helps clients back-up and recover data in the event of a disaster,
another example of the search company seeking to bolster its cloud
business for enterprises.
The technology giant owned by Alphabet Inc. didn't disclose the
price it will pay to buy Actifio Inc. in a blog post Wednesday by
Brad Calder, a Google vice president of engineering.
Actifio's offerings automatically back-up and protect various
databases used by companies and allow customers to carry out
disaster recovery operations in cloud-software environments, among
other services, according to Google.
The company had raised about $461 million and was last valued at
$1.3 billion, according to PitchBook. As of early October, it had
almost 390 employees.
"Actifio's business continuity solutions will help Google Cloud
customers prevent data loss and downtime due to external threats,
network failures, human errors and other disruptions," Mr. Calder
said in the post.
Google has been pushing to beef up its cloud-computing unit,
where it competes for business with companies including Amazon.com
Inc. and Microsoft Corp.
Write to Micah Maidenberg at micah.maidenberg@wsj.com
(END) Dow Jones Newswires
December 02, 2020 14:26 ET (19:26 GMT)
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