* Posts by StorageJockey

2 publicly visible posts • joined 4 Sep 2019

Owl in a day's work: Commvault picks up software-defined type Hedvig for $225m

StorageJockey

Riccardo is not just ex-DXC, he is the former COO of Cohesity, ex-VMware, ex-EMC. The former leader of sales for Cohesity is now at the helm of sales at Commvault whose CEO is a former ex-VMware, ex-EMC. The backup space is full of "old friends" and this mix should be interesting. The looming shadow is Elliot Mgmt as the Private Equity backer of Commvault. My uneducated guess is that Riccardo has another 2 quarters to get CVLT back on track (Sanjay gets 3-4 quarters) before Wall Street and Elliot demands a head on a platter.

They won't catch Cohesity but they can slow the bleeding enough to flip this to Dell, HPE, Oracle, IBM, etc. My crystal ball says CVLT is acquired in 2020/2021 if not sooner.