Cisco and NetApp are set to exit data management platform developer Datos IO in an acquisition by Rubrik, less than a year after they invested.
Enterprise software producer Rubrik agreed yesterday to acquire US-based data management software provider Datos IO for an undisclosed sum, in a deal that will give an exit to networking technology provider Cisco.
Founded in 2014, Datos has built an application data management platform called RecoverX that enterprises can use for backup and recovery across private, public and hybrid clouds.
The company will henceforth operate as a Rubrik subsidiary known as Rubrik Datos IO. It will be led by Rubrik co-founder…
