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Software giant IBM to acquire Bengaluru-based Sanovi Technologies

US-based software giant IBM today signed a definitive agreement to acquire Bengaluru-based Sanovi Technologies which provides Hybrid Cloud recovery, Cloud migration and business continuity software for enterprise data centres and Cloud infrastructure

India TV Business Desk, Bengaluru [ Published on: October 27, 2016 12:42 IST ]
Software giant IBM to acquire Bengaluru-based Sanovi
Software giant IBM to acquire Bengaluru-based Sanovi Technologies

US-based software giant IBM today signed a definitive agreement to acquire Bengaluru-based Sanovi Technologies which provides Hybrid Cloud recovery, Cloud migration and business continuity software for enterprise data centres and Cloud infrastructure.

The plan, IBM said, is to integrate the Sanovi capabilities into the IBM Global Technology Services by the end of 2016. 

"As a Cloud-native company, Sanovi will strengthen our resiliency portfolio to manage the broad range of applications, data, and IT systems of our clients balancing digital and hybrid Cloud transformation with increased regulatory compliance," said Martin Jetter, Senior Vice President, Global Technology Services, IBM. 

Adding these capabilities along with advanced analytics will better enable IBM to bolster its Software Defined Resiliency strategy and delivery of Business Continuity and Disaster Recovery services for clients undergoing digital and hybrid Cloud transformation.

Hybrid Cloud solutions are turning out to be the preferred choice for enterprises in India for an enhanced efficiency, productivity and cyber security.

A Hybrid Cloud is an integrated Cloud service utilising both private and public Clouds to perform distinct functions within the same organisation.

With Sanovi's software, IBM will further empower clients to redefine their disaster recovery strategy in the face of unprecedented industry change.

"Together, we will provide next-generation resiliency solutions for robust hybrid Cloud deployments across the globe," added Chandra Sekhar Pulamarasetti, Co-Founder and CEO, Sanovi. 

The financial details of the deal are yet to be disclosed.

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