Commvault acquires data backup provider Clumio

It must be M&A season. Commvault, a publicly traded data protection and management software company, today announced that it intends to acquire data backup and recovery provider Clumio for an undisclosed sum. The deal is expected to close in early October. Commvault says it's not material to its earnings and that it'll be funded with cash on hand. Clumio, headquartered in Santa Clara, California, was founded in 2017 by Poojan Kumar, Kaustubh Patil, and Woon Ho Jung. It largely serves to protect AWS workload ...