TA Associates, a leading global growth private equity firm, today announced it has signed a definitive agreement to invest $187,000,000 in StorageCraft Technology Corporation, a leading international provider of backup and recovery software, to support the growth of the company. Additional terms of the transaction were not disclosed. The investment is expected to close in late January. In connection with the investment, Matt Medeiros has joined StorageCraft as Chairman and CEO.
Zadara Storage, the provider of enterprise-class storage-as-a-service(STaaS), announced recently that PCPC Direct, Ltd., a woman-owned, full-service Information Technology company founded in 1997, has added the Zadara Storage Virtual Private Storage Array (VPSA) solution to their product portfolio to provide enterprise-grade storage-as-a-service to their High-Performance Computing (HPC) customers in a wide variety of markets.
Thought-provoking speakers, a series of strategy sessions and networking opportunities and the unveiling of its first ever Member of the Year will highlight the 2016 CompTIA Annual Member Meeting, the nonprofit trade association for the IT industry revealed today.
Quantum Corp. recently announced Q-Cloud Protect is now available as a cloud-based appliance running on top of the Amazon Web Services (AWS) infrastructure.
Datto announced significant reductions on hardware prices for the entire flagship SIRIS suite.
PROMISE Technology has signed an agreement to resell Sureline System's SUREedge® Migrator and Disaster Recovery (DR).
StorageCraft Technology Corp. recently announced the release of StorageCraft ShadowControl v3.5, which allows IT professionals to more easily protect data and IT systems.
As Managed Service Providers (MSPs) and Value Added Resellers (VARs) move their customers to the cloud, they’re finding higher profit margins for servers, storage and networks and launching a variety of services which had been beyond their abilities before the cloud.
Carbonite, Inc. (NASDAQ:CARB), a leading provider of cloud and hybrid business continuity solutions for small and midsize businesses (SMBs), today announced it has entered into an agreement to acquire the business continuity and disaster recovery business of EVault, a division of Seagate Technology (NASDAQ:STX).
Zetta recently announced the appointment of Mark Seaman as Vice President, Sales. As a seasoned sales veteran who had led sales teams in a wide variety of technology companies ranging from early start-ups to $15B organizations, Seaman is charged with expanding sales and market penetration into the growing managed service provider and small-to-medium business markets for Zetta.