Key Developments: CommVault Systems Inc (CVLT.OQ)
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Latest Key Developments (Source: Significant Developments)
CommVault Systems Inc Comments On FY 2014 Guidance-Conference Call
CommVault Systems Inc announced that for fiscal 2014, it expects to achieve double-digit revenue and EBIT growth. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $558 million and EBIT of $122 million for fiscal 2014. Full Article
CommVault Systems Inc Announces The Appointment Of New Chief Financial Officer
CommVault Systems Inc announced that Brian Carolan, has been promoted to Vice President, Finance - Chief Financial Officer from his current position of Vice President, Finance - Chief Accounting Officer. Mr. Carolan has served as CommVault's Chief Accounting Officer since July 2006. He also held the position of Controller from February 2001. Full Article
Local New Zealand Government Council Selects CommVault Systems, Inc.'s Simpana Software To Improve Data Management And Compliance Retention
CommVault Systems, Inc. announced that Wanganui District Council, the local government for an urban centre with rural surroundings and 43,000 residents on the North Island of New Zealand, is using CommVault Simpana 9 software to protect vital public records, provide employees with uninterrupted access to critical operational data and ensure compliance with New Zealand's Public Records Act. An IT team of 14 (including support staff) serves approximately 400 users across a heavily virtualised VMware environment with critical applications, including Microsoft Exchange, SQL Server and SharePoint; an Electronic Document and Records Management System (EDRMS) for data retention; Geographic Information System (GIS) for emergency services and civil defence; and property and rating software for managing property, land and address information. With Simpana software's modern data management capabilities, Wanganui District Council reports reductions in the time required to backup and recover 6 TB of data-what used to take days to restore now can be recovered in seconds. Moreover, the council relies on Simpana software's embedded deduplication to eliminate redundant data, which further decreases its backup window. Full Article
IT-Lifeline Embraces CommVault Systems, Inc.'s Seamless Integration With Amazon Web Services To Drive New Cloud-Based Recovery As A Service
CommVault Systems, Inc. announced that IT-Lifeline, a business recovery service provider, is using CommVault Simpana 9 software to fuel the delivery of a new cloud-based disaster recovery (DR) service designed to transform how mid-sized organizations buy, deploy and use IT DR services. IT-Lifeline's new BLACKCLOUD® Edge service takes advantage of Simpana software's seamless integration with Amazon Web Services (AWS) to provide a secure DR cloud that costs customers up to 50% less than traditional disaster recovery services. Full Article
CommVault Systems, Inc. Comments On FY 2012 Revenue Guidance-Conference Call
CommVault Systems, Inc. announced that for fiscal 2012, it will be able to achieve solid double digit revenue growth. The Company reported revenues of $271.03 million in fiscal 2010. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $314.78 million for fiscal 2012. Full Article
Newly Launched UXC Connect Names CommVault Systems, Inc. As Strategic Partner
CommVault Systems, Inc. announced that it will distribute products through UXC Connect under a partner agreement to market and sell CommVaultSimpana software and support services to enterprise customers across Australia. UXC Connect, the newly founded infrastructure group formed by the merger of the Integ Group, XSI Data Solutions and UXC Connect (formally Getronics), has named CommVault one of only eight strategic partners. Full Article
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