Arcserve, LLC: Arcserve and StorageCraft Sign Definitive Agreement to Merge
Merger will create broadest set of best-in-class business continuity solutions from a single vendor
End-users will achieve a fast-track to cloud modernization and next-generation data infrastructures
MSPs, VARs, and distributors will gain immediate business advantages
Combination will expand global footprint, scale, and regional diversification
Innovation and technology further advanced through combined IP portfolio and accelerated investment into R&D
EDEN PRAIRIE, Minn. and DRAPER, Utah, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Arcserve, the world's most experienced data and ransomware protection provider, and StorageCraft, whose mission is to protect all data and ensure its constant availability, today announced that they have signed a definitive agreement to merge. Once completed, the merger of the two highly complementary companies will form the most comprehensive global provider of data management and protection solutions for organizations spanning from SMBs to the Fortune 50. The merger will solve the growing market need for a single source to manage and protect workloads throughout the data center, cloud, SaaS applications, and at the edge. With expanded geographic reach, the industry's broadest product portfolio, flexible business models, and magnified innovation footprint, the merged companies will bring extensive market and revenue opportunities for MSPs, VARs, and distributors.