Acquisition Announcement: Cloud Software Group to Acquire Arctera
In a significant move for the data management landscape, Cloud Software Group, Inc. has announced its definitive agreement to acquire Arctera from Carlyle, furthering its growth strategy in the realm of cloud software. This acquisition promises to enhance Cloud Software Group’s offerings, specifically in data protection and backup technologies.
Key Details Section
- Who: Cloud Software Group and Arctera
- What: Acquisition of Arctera, a leading provider of data management solutions.
- When: The transaction is expected to close in the fourth quarter of 2025, pending regulatory approvals.
- Where: Arctera will continue to operate as a standalone unit within Cloud Software Group’s portfolio, headquartered in Pleasanton, California.
- Why: This acquisition aims to boost Cloud Software Group’s capabilities in critical data management, making solutions more robust for customers.
- How: Arctera’s suite includes tools for Data Resilience, Compliance, and Protection, enhancing existing cloud storage and backup strategies.
Deeper Context
The acquisition of Arctera adds substantial capabilities to Cloud Software Group’s portfolio. Arctera was birthed from the merger of Veritas’ Enterprise Data Protection and Cohesity, focusing on critical solutions such as:
- Data Resilience through InfoScale, ensuring that data remains accessible during disruptions.
- Data Compliance via the Insight platform, addressing ever-tightening regulatory demands.
- Data Protection using Backup Exec, integrating with various backup strategies, including hybrid designs.
Arctera’s annual revenue exceeds $400 million with impressive EBITDA margins, underscoring its market viability. This strategic investment not only broadens Cloud Software Group’s footprint but also positions it as a formidable force in addressing modern data governance and ransomware protections—key concerns for IT departments today.
Takeaway for IT Teams
IT managers should consider how these enhanced capabilities can refine their existing backup and disaster recovery strategies. Monitoring the integration of Arctera’s solutions into Cloud Software Group’s offerings could lead to improved data resilience and compliance in cloud environments. Keeping abreast of advancements in data management technologies will be crucial for preventing data breaches and ensuring regulatory compliance.
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