Hewlett Packard Enterprise announced that it has entered into a definitive agreement to acquire Zerto in a transaction valued at $374 million. Zerto’s journal-based continuous data protection (CDP) technology includes disaster recovery, backup, and data mobility in a single, simple cloud data management and protection software solution that spans on-premises, hybrid, and multi-cloud environments. The data protection as a service (aaS) market will grow from $7.7B in 2020 to $15.3B in 2024, representing a 19% CAGR.
Source: https://www.helpnetsecurity.com/2021/07/04/hpe-zerto/