Quest Software has signed a definitive agreement to acquire BakBone, a provider of data protection software for approximately $55m.
BakBone provides real-time data protection, deduplication, replication, disk-based and tape backup and recovery.
Quest said that through this acquisition it will gain heterogeneous data protection technologies of BakBone that complement its portfolio of offerings for virtual, database and application-level data protection.
Quest Software president and CEO Doug Garn said the company continues to innovate by delivering data protection offerings to address one of the key pain points facing every organisation – the ever expanding amount of data being created.
"Quest has a long and successful history of acquiring and building out technically strong products and development teams and BakBone meets these criteria," Garn said.
"Our respective products are highly complementary, with minimal overlap and the value received from BakBone’s employees, technologies, partners and customers is expected to be a key benefit as we seek to expand our market share in the data protection market by building upon our core portfolio."
The company said that the BakBone data protection offerings complement its offerings including vRanger Pro; LiteSpeed for Microsoft SQL Server and Oracle; Recovery Manager for Microsoft Exchange; SharePoint; Active Directory; and SharePlex for Oracle.