Commvault Systems (CVLT) Misses Q4 EPS by 2c

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Commvault Systems (CVLT) Announces New Governance Initiatives to Support Strategic Transformation Plan

May 1, 2018 8:16 AM EDT

Commvault (NASDAQ: CVLT), a global leader in enterprise backup, recovery, archive and the cloud, today announced governance initiatives designed to support its new strategic transformation plan, Commvault Advance. This new strategic plan and the governance initiatives announced today follow constructive dialogue with Elliott Management and an associated cooperation agreement between Elliott and the company.

Commvault Advance is a multi-pronged transformation initiative designed to drive... More