IBM to acquire Bengaluru-based Sanovi Technologies

▤ Summary

“With Sanovi’s software, IBM will further empower clients to redefine their disaster recovery strategy in the face of unprecedented industry change,” IBM said in a statement. Founded in 2003, Sanovi operates in the United States, the Middle East and Asia. “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. In addition to being available as part of a managed resiliency service, IBM also plans to make Sanovi disaster recovery management solution available as a standalone software license for partners and customers. “Together, we will provide next-generation resiliency solutions for robust hybrid cloud deployments across the globe,” said Chandra Sekhar Pulamarasetti, Co-Founder & CEO of Sanovi.

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IBM

$1B+