Arcserve, an experienced data and ransomware protection provider, and StorageCraft, whose mission is to protect all data and ensure its constant availability, have 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 organisations 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 centre, 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.
Combining capabilities will create a comprehensive product suite that addresses the vast majority of use cases and Business Continuity challenges. With total global data storage projected to exceed 200 zettabytes by 2025 and cybercriminals expected to attack a new business every 11 seconds in 2021, organisations will be able to choose one vendor for a single, agile ecosystem to manage data workloads in all environments and to protect and recover data in the event of cyberthreats, human error and natural disasters.
Tom Signorello, CEO, Arcserve, said: “Companies in every sector are looking to modernise their infrastructures amid unabated cyberthreats and global changes that have altered the way they must protect and manage data. This merger will place us at the forefront of filling a massive market gap by supporting all workloads in every environment with one ecosystem.”
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