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January 8, 2002 — (WEB HOST INDUSTRY REVIEW) — Further automating its disaster recovery solution, Veritas Software Corporation (veritas.com) today announced it has completed the acquisition of The Kernel Group Incorporated (tkg.com), a privately held software company based in Austin, Texas, for an undisclosed amount. TKG is the developer of Bare Metal Restore, a solution designed to fully automate system recovery of Windows and all major UNIX platforms in the event of data corruption or hardware failure.
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Research firm Meta Group estimates that just 36 hours of downtime could cost
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a typical financial services firm up to $567 million in direct revenue
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losses. Bare Metal Restore automates and accelerates the full system
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recovery capabilities of Veritas NetBackup, and delivers a common,
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enterprise-wide recovery solution to minimize downtime. This eliminates the
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need for personnel to reconfigure disk hardware and reinstall the operating
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system, tasks which could lengthen outages and increase the possibility of
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user error.
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“Bare Metal Restore is an important component of a total disaster recovery
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solution that includes backup and recovery, clustering and replication
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management,” said Kris Hagerman, senior vice president, strategic
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operations, Veritas Software. “Leveraging TKG’s leading software products
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and proven engineering talent, Veritas Software will further integrate this
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advanced technology with its storage management software to satisfy the
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rapidly maturing disaster recovery requirements of our enterprise
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customers.”
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