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INDIA New England News
Ash Ashutosh
BOSTON Actifio, founded by Indian American serial technology entrepreneur Ash Ashutosh and once valued at $1.3 billion, has entered into an agreement to be acquired by social media giant and technology company Google. Terms of the transaction were not disclosed.
“Business continuity is a top priority for enterprise IT organizations, and today we are excited to announce that Google has entered into a definitive agreement to acquire Actifio,” Brad Calder, Vice President of Engineering at Google, said in a blog post earlier this month. “Actifio is a leader in backup and disaster recovery (DR) offering customers the opportunity to protect virtual copies of data in their native format, manage these copies throughout their entire lifecycle, and use these copies for scenarios like development and test.”