Kasten

Kasten — the software developer founded in 2017 for backup and disaster recovery for the Kubernetes platform.

History

2020: Veeam purchased Kasten for $150 million

At the beginning of October, 2020 Veeam announced acquisition of Kasten for $150 million. The buyer will pay the transaction with own means and actions.

Kasten innovations in the field of data management in Kubernetes in combination with experience of Veeam in the field of backup, both in local, and in multicloud environments, considerably will increase the level of modern technologies of data management. Success of Veeam became an inspiration source for the Kasten command, and we are very glad to combine efforts with the company which at us the outlook so matches — the CEO of Kasten Niradzh Toliya said, commenting on the transaction with Veeam.

Veeam purchased software developer for data protection in the containers Kubernetes

Data of research company 451 Research according to which nearly three quarters of the organizations use Kubernetes are provided in the press release or are going to begin to use it in the next two years. Veeam considers that interest in this tool creates huge opportunities for data protection in the future, and merger of Kasten strengthens intention of Veeam to support transformation of business of clients on the way to the advanced architectural concepts.

Veeam integrates Kasten into the platform of management of cloud data which provides modern data protection and considerably simplifies data management for the organizations, says.

According to the technical director and  the senior vice president for the product strategy of Veeam Danny Allan, buying Kasten, the company takes the important step directed to helping clients to pass to use of containers and to protect workloads in Kubernetes in local and multicloud environments.^[1]

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