July 02 - 11:07
33D
VMware to buy disaster recovery business Datrium
VMware is to acquire disaster recovery business Datrium. The deal will expand the current VMware Site Recovery disaster recovery as a service (DRaaS) offering with Datrium’s cost-optimised DRaaS solution. DRaaS is the fastest growing segment for data protection use cases with a $4.5 billion market growing at 15% CAGR according to IDC. Financial terms of the deal have not been disclosed.
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