Peter Minihane Named Chief Financial Officer of Actifio
Seasoned Executive and Former Acme Packet CFO Joins Fast-Growing Copy Data Management Leader
WALTHAM, MA – August 5, 2013 – Actifio™, the radically simple copy data storage company, today announced that Peter Minihane has joined its executive team as Chief Financial Officer (CFO.)
Minihane brings more than 30 years of executive-level private and public technology company experience to his role as new CFO of Actifio. Prior to joining Actifio, Minihane was the CFO and Treasurer of Acme Packet, the NASDAQ-listed enterprise technology company acquired by Oracle (NYSE:ORCL) in a transaction valued at $2.1 Billion.
“Peter’s talent and experience will be an invaluable addition to this fantastic team as we approach the next chapter in our story,” said Ash Ashutosh, founder and CEO of Actifio.
Minihane joins Actifio at a time of rapid growth and global expansion as it addresses a new category of enterprise storage – Copy Data Storage – estimated by IDC to be a $44 billion market opportunity in 2013. Helping customers recover anything instantly for up to 90% less has led Actifio to become the fastest growing enterprise storage firm ever from inception while garnering recognition and accolades including placement in Gartner’s 2013 Magic Quadrant report for Enterprise Backup/Recovery Software, Storage Magazine’s “Product of the Year” award, and Forbes magazine’s list of the 50 most promising companies in America.
“It’s an exciting time to join this great team and company,” said Minihane. “Ash and his team have put down the foundation for something big, and I’m excited to help continue the forward momentum.”
Actifio is radically simple copy data management. Our copy data storage platform lets businesses recover anything instantly, for up to 90 percent less. Actifio eliminates siloed data protection applications, virtualizing data management to deliver an application-centric, SLA-driven solution that decouples the management of data from storage, network and server infrastructure. Actifio has helped liberate IT organizations and service providers of all sizes from vendor lock-in and the management challenges associated with exploding data growth. Actifio is headquartered in Waltham, Mass., with offices around the world. For more information, please visit http://www.actifio.com/ or email firstname.lastname@example.org.
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