IBM acquires Sanovi Technologies to expand its Hybrid Cloud services

▤ Summary

In a bid to expand “Disaster Recovery” services for Hybrid Cloud, software giant IBM on Thursday signed a definitive agreement to acquire Bengaluru-based Sanovi Technologies. 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, the company said in a statement. “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. 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.

▦ Linked Companies

IBM

$1B+