Enterprise storage software maker CommVault won’t follow the same track its competitors did, and will continue to run solo for the time being, according to a statement by Bob Hammer, the chief executive, chairman and president of the company.
“Whatever happens on the M&A side, our mission is clear — create shareholder value on our own as an independent company,” Hammer said.
CommVault’s head is keen on generating that value, and said he plans on boosting his company’s annual sales to $1 billion within five years, a formidable distance from today’s $400 million. Those plans may include additional partnerships with the large enterprises that may be interested in more extensive access to CommVault’s IP.
“Michael Turits, a technology analyst at Raymond James, said that for a large technology company, CommVault would make a “great acquisition.”
Turits said CommVault would be able to better compete within a larger organization with the likes of Symantec, EMC and IBM, which have far more resources.
Isilon, 3PAR and Compellent were the software maker’s prime competitors in the storage space, up until they were acquired by the titans of this industry: EMC, HP and Dell. So far these investments have proved rather fruitful in all three cases.
EMC, for one, recently integrated a part of the Isilon portfolio into its big data strategy, which is no longer dependant on MapR’s third party software. The company introduced an appliance that features a new Hadoop distribution developed internally by EMC running on Isilon hardware.
In a different area of the storage industry, Permabit has already started with its own plan to make partnerships in order to facilitate growth. The company offers an OEM-embedded dedupe solution named Albireo, and StoneFly is the newest reseller.
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