Veeam Software has acquired Kasten in a cash and stock transaction valued at $150 million and which is expected to help speed up the production deployment of container-based applications.
With this new acquisition, Veeam will integrate Kasten into its market-leading Cloud Data Management platform for modern data protection and radically simplify data management for enterprises.
Containers are a critical component of this DevOps-led infrastructure and application modernisation, and Kubernetes has emerged as the dominant container orchestration platform – creating a significant opportunity for a single data protection platform that includes virtual, physical, cloud and Kubernetes environments.
With the Kasten K10 Data Management Platform, Veeam will now be able to offer enterprise operations teams an easy-to-use, scalable, and secure system for Kubernetes Backup and application mobility with unparalleled operational simplicity.
“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,” said Danny Allan, CTO and SVP of product strategy at Veeam.
“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,” said Allan.
While the Kasten K10 platform will continue to be available independently, it will also be integrated into Veeam Backup & Replication to offer a comprehensive data management solution.
“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,” said Niraj Tolia, CTO at Kasten.
Kasten will operate as a separate Kubernetes Business Unit (BU) within Veeam. Kasten’s founders, Niraj Tolia and Vaibhav Kamra, will lead the business unit – Tolia as its president and general manager, and Kamra as CTO of Kubernetes BU.
All teams including sales, marketing, R&D, and customer service will stay intact to continue growing the business with increased investment in people and resources.
Additionally, Veeam will continue to support Kanister, Kasten’s open source project that extends support for and execution of data management tasks in Kubernetes, and the development of kopia, a fast and secure open-source tool to manage Backups.
