World news – Veritas Acquires HubStor In Play for Backup-As-A-Service Expertise

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HubStor offers a detailed, scalable and easy to configure business solution. You also have an impressive track record with the company, including with some Veritas customers. These two facts already point to a good start for us, ”said Simon Jelley, Veritas vice president for the Backup Express and SaaS businesses.

The privacy and management software developer Veritas has tacitly acquired HubStor to add strong backup-as-a-service technology with a Microsoft Azure public cloud base.

The acquisition that has already been completed but Veritas is not disclosing terms and conditions, comes at a time when Veritas is looking for the best way to address the backup-as-a-service market, said Simon Jelley, vice president, Backup Express and SaaS -Business of the Santa Clara, Calif. Based company.

Jelley told CRN that Veritas, which serves 98 of the Fortune 100 companies, has built a solid reputation in the privacy market.

« HubStor offers one granular, scalable and easy to configure business solution, « he said. “You also have an impressive track record with the company, including with some Veritas customers. These two facts already point to a good start for us. “

While Veritas is one of the largest, if not the largest, developers of data protection and management software and is already well established when it comes to SaaS-based data protection, HubStor offers the company some features that will help to shorten the backup-as-a-service capabilities, said Jelley.

HubStor already offers the company a detailed, scalable and easy-to-configure offering with the ability to perform SaaS-based backups of applications such as Microsoft 365.

HubStor also offers a truly scalable platform for data management as a service and will help build Veritas’ close partnership with Microsoft, he said.

« Veritas and Microsoft have a history of more than 20 years driving the business through the channel, » he said. “HubStor is based on Azure. We can bring this to our common channels. “

Veritas currently offers SaaS data protection with Veritas CloudPoint, a cloud-native, lightweight offering for backing up data in the cloud, and its EV.cloud technology for cloud-based data archiving and migration for Microsoft 365 and other applications, Jelley said .

« It’s a journey for customers, » he said. “Our data service platform focuses on how data can be protected and used. HubStor helps run these services. « 

Geoff Bourgeois, CEO and co-founder of HubStor in Ottawa, Ontario, told CRN that his company has developed a single-tenant customer data protection infrastructure that enables organizations to manage the protection of their data.

« With cloud solutions, everyone works with multi-tenant technologies, » said Bourgeois. « For example, if a customer has half a petabyte of Microsoft 365 data, that is a lot of data that requires a lot of computational effort to process, leading to the ‘noisy neighbor’ problem. »

HubStor’s single tenant technology enables flexible hosting of data protection in any Azure region around the world. This is important for regulations like the GDPR in Europe that require data to be hosted locally, Bourgeois said. The technology also allows security to be tailored to specific needs while ensuring scalability and performance differentiation, he said.

HubStor is unusual in that it has become a very profitable company with no venture capital funding, Bourgeois said. The company has both direct and indirect sales channels and is opportunistically working with channel partners, he said.

Upon completion of the acquisition, Veritas plans to tie the HubStor technology to the Enterprise Data Services platform, specifically NetBackup data protection technology to help better address Microsoft 365 data, said Jelley.

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Related title :
Veritas acquires HubStor in Play for Backup-As-A-Service Expertise

Ref: https://www.crn.com

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