{"id":70824,"date":"2019-09-06T00:52:29","date_gmt":"2019-09-06T04:52:29","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=70824"},"modified":"2019-09-06T00:52:29","modified_gmt":"2019-09-06T04:52:29","slug":"commvault-to-buy-hedvig-for-225-million-to-jumpstart-growth","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2019\/commvault-to-buy-hedvig-for-225-million-to-jumpstart-growth.html","title":{"rendered":"Commvault to Buy Hedvig for $225 Million to Jumpstart Growth"},"content":{"rendered":"<p>\n(Bloomberg) Commvault Systems Inc. plans to buy startup Hedvig Inc. in a bid to bolster the software maker\u2019s capabilities in the competitive data-storage market. Commvault Chief Executive Officer Sanjay Mirchandani told Bloomberg in an interview that his company will buy Hedvig for $225 million in cash and stock. The purchase price covers the cost of retaining Hedvig employees.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-09-04\/commvault-to-buy-hedvig-for-225-million-to-jumpstart-growth\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Commvault Systems Inc. plans to buy startup Hedvig Inc. in a bid to bolster the software maker\u2019s capabilities in the competitive data-storage market. Commvault Chief Executive Officer Sanjay Mirchandani told Bloomberg in an interview that his company will buy [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-70824","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=70824"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70824\/revisions"}],"predecessor-version":[{"id":70825,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/70824\/revisions\/70825"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=70824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=70824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=70824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}