Industry observers say that the StorageTek deal should definitely give the company a boost.
"Certainly from a publicity standpoint, this gives them a bit more visibility," says Anders Lofgren, an analyst with Giga Information Group Inc.
One natural question to ask is whether the deal brings CommVault any closer to its coveted IPO. Nearly a year and a half ago, the company revealed that it intended to take its chances on the public market (see CommVault Aims for IPO). While the company wouldn't say when it plans to resuscitate those plans, Lofgren says the deal could provide the company with the additional revenue streams it needs to make such a move. "That would be important for them if they want to go public," he says, but cautions that not enough is known about the deal to really assess its significance.
CommVault says it expects to deliver the product to StorageTek by the end of this year, and that StorageTek would be able to start shipping the software to customers in the first quarter of 2004.
Separately today, CommVault said that it will license Sistina Software Inc.'s file services and volume management software, which it plans to integrate into its QiNetix data management products (see CommVault OEMs From Sistina). The two companies, which are also planning to provide integrated support and services, boast that the partnership marks the first integration file and block-level storage software with enterprise-level data protection software for Linux.
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