Arcserve, a Minneapolis, Minnesota-based provider of cloud, virtual, and physical environment critical business data backup and recover solution, acquired Zetta, Inc., a Sunnyvale, CA-based provider of cloud-based backup and disaster recovery solutions.
Zetta provides a backup as a service product that allows organizations to protect, access and recover physical and virtual data in the cloud and a disaster recovery as a service product that enables organizations to protect critical applications, data and servers in the event of a disaster.
It will now add new multi-tenant, cloud-based functionality to Arcserve’s existing product offering.
According to Mike Crest, CEO, Arcserve, “The acquisition of Zetta represents a significant next step in realizing our vision to advance the data protection industry towards disaster avoidance and prevention.
“With Zetta, we now have the ability to offer a complete end-to-end product suite with near real-time cloud recovery and help our customers avoid the financial consequences of downtime and the loss of critical data across all platforms and delivery methods,” hed added.
Arcserve, a Marlin Equity Partners portfolio company, provides a full range of integrated capabilities, deployable on-premise or in the cloud, with high availability, disaster recovery, backup and recovery, and data archiving.
The company has a customer base of 45,000 end users in more than 150 countries and partners with over 7,500 distributors, resellers and service providers around the world.
FinSMEs
07/08/2017