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A new tie-up with a huge name in the tech sector was a key factor driving up the price of Commvault Systems (NASDAQ: CVLT) stock on Monday. The data protection specialist also benefited from general investor bullishness on the tech sector. At market close, Commvault's stock was up by more than 6%.
Commvault kicked things off before market open by announcing a new collaboration with an old partner, core Alphabet unit Google. Under the terms of the deal, Commvault's Threat Scan software will be integrated into the Google Threat Intelligence security solution.
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Commvault said that with this, it "can help customers transform global threat intelligence into actionable recovery insights, enabling organizations to identify clean recovery points faster and accelerate recovery following cyberattacks."
The company added that the Threat Scan integration with Google's solution would be available in the coming months; it did not get more specific. It also didn't provide any financial details of the new arrangement.

#commvault #NVIDIA #signal #scan
1 day ago

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