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Arcserve and StorageCraft Sign Definitive Agreement to Merge | Releases | USA Edition – Latest News, Breaking News, Top News Headlines
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Arcserve, StorageCraft To Merge, Create Data Protection Powerhouse
‘We’ll always be 100-percent channel-focused moving forward. We’re both diametrically opposed to any channel conflict. You won’t see us moving into a direct sales motion. We think there are opportunities for us to really double-down with the channel and invest more in sales and marketing where both of us wouldn’t have had the ability to do that stand-alone,’ says Arcserve CEO Tom Signorello. By Joseph F. Kovar February 24, 2021, 07:00 AM EST
Data protection technology vendors Arcserve and StorageCraft on Wednesday unveiled the signing of a definitive agreement to merge in a deal that will roll the two companies under the “Arcserve” brand and create a top-five data protection software giant.
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 pr
StorageCraft and Arcserve merge
Tom Signorello (Arcserve) Credit: Arcserve
Global backup and disaster recovery vendors Arcserve and StorageCraft are set to merge, creating a mega-vendor in the data management and protection market.
The deal will see StorageCraft renamed StorageCraft, an Arcserve Company’ with Arcserve CEO Tom Signorello and Douglas Brockett, the current president of StorageCraft, jointly leading the combined entity.
From a customer vantage point, the deal will be complementary to both parties, with Arcserve mostly catering to the enterprise and top-tier space, while StorageCraft’s solutions are largely geared towards small-to-mid-market businesses.
While Arcserve has a large global footprint spanning the United States, Europe and Asia, its presence in Australia and New Zealand is limited to distribution via Cloud Ready in the former and Dicker Data in the latter.
Arcserve, StorageCraft set to merge
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