Jungle Disk Acquires ElephantDrive to Create Consumer Backup Division
May 23, 2022
San Antonio-based Jungle Disk has acquired Los Angeles–based ElephantDrive to launch a consumer backup division, bringing ElephantDrive's NAS and consumer cloud storage capabilities into Jungle Disk's backup and recovery portfolio. ElephantDrive will operate as an independent business unit focused on protecting consumer photos, videos and documents while Jungle Disk leverages its infrastructure and scale to expand into the consumer market.
- Buyers
- Jungle Disk
- Targets
- ElephantDrive
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Buyout
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