Arcserve, a disaster recovery and data protection company in Eden Prairie, Minnesota, and Draper data protection firm StorageCraft have signed an agreement to merge their operations.
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 500,” a statement from the new company said.
“The combination of StorageCraft’s leadership in the small and medium-sized business and managed service provider market combined with Arcserve’s strength in the enterprise and [value-added reseller] ecosystem, is game- changing for the data protection and recovery market,” said Matt Medeiros, chairman and CEO of StorageCraft.
“Following the completion of the merger, the scope and scale of our combined businesses will allow us to bring a dramatically broader portfolio of solutions to market,” said Douglas Brockett, president of StorageCraft. “At the same time, it expands the resources with which we can serve our customers and ensures we grow hand in hand with our channel partners.”
Arcserve and StorageCraft will continue to fully support and invest in their existing solutions, the firm said. In addition, both companies will increase investments in research and development and combined IP, which will strengthen both companies’ product portfolios, as a result of the merger. Channel partners and end-users alike will see rapid innovation for continuous data availability across every platform and location. This will enable a seamless evolution from current to next-generation infrastructures and data workloads, including hyper-converged, multi-cloud, containers, edge infrastructures, and next-generation cloud data centers.
“Companies in every sector are looking to modernize their infrastructures amid unabated cyber threats and global changes that have altered the way they must protect and manage data,” said Tom Signorello, CEO of Arcserve. “This merger will place us at the forefront of filling a massive market gap by supporting all workloads in every environment with one ecosystem. No longer will organizations require ad-hoc solutions that only add to the complexity they are trying to solve. We will be better placed than any other vendor to be ready as new workloads arise and infrastructures evolve — providing certainty today and in the future.”
Following the merger, StorageCraft will be branded as StorageCraft, an Arcserve Company, and the merged company will be led by Signorello as CEO and Brockett as president.