Persistent Systems Acquires Doyenz rCloud Service

Persistent Systems has acquired Doyenz's rCloud service, ending some drama in the cloud services, backup and disaster recovery market. Doyenz CEO Ashutosh Tiwary and Persistent Chief Product Officer Nara Rajagopalan announced the deal in an email to Doyenz customers. Here's the update.

Doyenz had been retrenching in recent months, closing a European data center and also cutting staff in the U.S. There had been rumors in the market that Symantec was looking to acquired Doyenz, but the alleged chatter ended when Symantec changed CEOs this past summer.

Now, Persistent Systems is acquiring Doyenz's rCloud service -- though I don't know if that means Persistent is buying the overall Doyenz company.

In an email to Doyenz customers, the company stated:

"We are happy to inform you that on Friday, October 12, 2012, Doyenz's rCloud service was acquired by Persistent Systems. Persistent Systems would like to welcome you as our customer and is very excited to begin working with you. This acquisition underscores our belief that channel partners are essential in the IT ecosystem to help SMBs gain the full benefit of innovative cloud-based and value added services."
The email stated that "Persistent has been an innovation partner for the world's largest technology brands, cutting-edge start-ups and innovative enterprises. With a global team of over 6,000 employees, Persistent is delivering technology solutions to over 300 major customers, around the globe." Also, Persistent will look to retain Doyenz's relationships with MSP-oriented software companies.

The email indicated that Persistent Systems will deliver a "seamless transition" to Doyenz partners and their customers.

The Persistent-Doyenz deal arrives amid a potential shake out in the cloud storage market, where dozens of technology vendors have been pursuing MSPs and VARs. Overall the cloud backup and disaster recovery (BDR) market remains incredibly strong, but MSPmentor also believes there may be too many vendors chasing too few partners.

MSPmentor has reached out to Persistent and Doyenz for further comment on the deal.
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