September 4, 2014
August is over, but consolidation in the backup and disaster recovery (BDR) is spilling over into September. Acronis this week said it has acquired BackupAgent, a cloud-based backup platform provider headquartered in Holland. The financial terms of the deal were not disclosed.
As a result of the acquisition, Acronis will acquire all of BackupAgent’s employees and customers. Once everything is settled, BackupAgent’s solution will be powered by Acronis AnyData Engine, data protection technologies provided via cloud backup solutions.
The acquisition follows the Woborn, Massachusetts-based storage management company’s announcement of Acronis True Image for Mac, an image-based backup product that provides Mac users with several ways to back up data.
BackupAgent founder Roland Sars told Talkin’ Cloud in an interview that the acquisition will allow more services providers in the BackupAgent partner network to leverage additional disaster recovery products.
“BackupAgent has a leading position in the worldwide cloud backup market with a large base of service providers,” he said. “The Acronis cloud business unit is a strategic pillar for Acronis’ future growth, and the acquisition of BackupAgent provides Acronis with an opportunity to expand the cloud business.”
“Cloud is the primary strategic direction for the company, and acquisition of BackupAgent allows Acronis to quickly gain active partner network of cloud backup providers, as well as get an engineering team with extensive expertise in cloud,” Acronis Global Partner Sales Vice President Chris Hilderbrand told Talkin’ Cloud.
Acronis has raised a total of $11 million since 2004, when it received seed money from a couple of private equity firms.
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