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IBM to acquire Bengaluru Based Sanovi Technologies


Technology major IBM has signed a definitive agreement to acquire Bengaluru-based disaster recovery solution provider Sanovi Technologies.
●    The deal is expected to close by the end of the year.
●    The company did not disclose the financial details of the transaction. 
●    Founded in 2003, Sanovi operates in the United States, the Middle East and Asia.
●    Upon close of the transaction IBM plans to integrate the Sanovi capabilities into the IBM Global Technology Services unit. 
●    IBM also plans to make Sanovi disaster recovery management solution available as a standalone software license for partners and customers.
●    IBM operates over 300 global delivery data centers and 46 IBM cloud data centers across 68 countries.

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