VaultLogix Acquires Online Backup Provider DataPreserve
VaultLogix has acquired DataPreserve, an online backup service provider. The deal marks VaultLogix’s sixth acquisition of online backup providers in five years. This most recent acquisition brings incremental revenues and market share to VaultLogix and provides DataPreserve’s owners with an exit strategy.
The deal follows VaultLogix’s acquisition of Utility Backup Solutions in the fall of 2011 and increases its clients to over 7,500 worldwide. DataPreserve customers will get VaultLogix’s 24/7 business-class service and support offerings.
Privately-held VaultLogix provides companies with the option to become a partner through its website. VaultLogix says it provides partners the opportunity to implement a high-margin, recurring monthly revenue stream for their customers, and has proven successful for over 300 VARs, MSPs, and IT consultants.