Rubrik Inc.
Rubrik, Inc. Announces Acquisition of Predibase, Inc. and 2025 Annual Meeting Results
Summary
On June 24, 2025, Rubrik, Inc. agreed to acquire Predibase, Inc., a machine learning infrastructure company, with consideration payable partly in shares of Rubrik's Class A common stock, subject to certain adjustments. Additionally, at the 2025 Annual Meeting of Stockholders held on June 25, 2025, stockholders elected two new Class I directors and ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending January 31, 2026.
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About Rubrik Inc.
Rubrik Inc. is a cloud data management company specializing in providing data backup, recovery, and cloud-phased infrastructure solutions. The primary function of Rubrik is to streamline the data protection process through automated backup and recovery measures across hybrid cloud environments. Rubrik has significantly impacted industries such as healthcare, financial services, and government by ensuring data security and compliance with regulatory standards. The company's integrated platform enables enterprises to manage data spat with ease, offering protection against data breaches and ransomware attacks. By providing a centrally administered system that simplifies management while ensuring data immutability, Rubrik empowers businesses with the flexibility and scalability necessary for efficient data handling. The company plays a vital role in the financial market by addressing the growing need for efficient data management solutions, thus enabling corporations to focus on strategic growth while safeguarding their data assets.
Official SEC Documents
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