Veeam joins Kubernetes M&A spree
Vendor shells out $150m on Kasten
Veeam is the latest vendor to snap up a Kubernetes player with the $150m acquisition of Kasten.
Kasten is "the market leader" in Kubernetes back-up and disaster recovery space, Veeam said, adding that it will integrate the firm into its cloud data management platform.
Veeam CTO Danny Allan said: "With the acquisition of our partner Kasten, we are taking a very important next step to accommodate our customers' shift to container adoption in order to protect Kubernetes-native workloads on-premises and across multi-cloud environments.
"This significant milestone strengthens Veeam's commitment to continue to deliver the industry's leading cloud data management platform that will support data protection for container-based applications built in Kubernetes environments."
Veeam itself was acquired earlier this year in a $5bn deal that saw it relocate to the US.
The firm joins a growing list of enterprise IT vendors to acquire in the Kubernetes space over recent years.
Last week Cisco acquired Kubernetes security firm Portshift, while Pure Storage made its largest acquisition last month via its $370m deal for Portworx.
IBM's mammoth takeover of Red Hat propelled it into the containerisation space, while VMware has also made multiple acquisitions in the space.
Niraj Tolia, CEO at Kasten, said: "The enterprise landscape is shifting as applications rapidly transition from monoliths to containers and microservices.
"With Kubernetes at the core of this infrastructural shift, Kasten's innovation in Kubernetes-native data management combined with Veeam's expertise in Backup, both on-premises and in multi-cloud environments, will significantly advance the state of modern data management.
"Veeam's success has been a beacon of inspiration for the Kasten team and we are very excited to join forces with a company where there is so much philosophical alignment."
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