DeskStream Inc., a leading provider of desktop virtualisation software, has
today announced the signing of a definitive agreement to acquire a prominent
Northern Irish start-up in the cloud computing and virtualisation software
space. DeskStream, with development centres in California, U.S.A., and
Hyderabad, India, will acquire Belfast-based start-up, WorldDesk Ltd. The deal
was announced at the 2012 Consumer Electronics Show (CES) in Las Vegas.
The financial terms of the deal, which will close in the first quarter of
2012, have not been disclosed but the acquisition will see DeskStream adopt the
WorldDesk name and branding with immediate effect.
With the acquisition of WorldDesk, DeskStream will take control of a unique
cloud-based workspace delivery platform prototype built on Dropbox but is
capable of being extended to leverage other cloud storage providers. DeskStream
will also add customer support services, marketing expertise and additional
software development capabilities. The deal will see the employees of WorldDesk,
including co-founders Jonathan Chesney and Claire Moore, join DeskStream.
WorldDesk, founded in 2010, will continue to be based in Belfast.
Speaking following the announcement, DeskStream CEO, Rao Cherukuri,
commented: "We are delighted with today's announcement and the addition of
WorldDesk to the DeskStream family. The combination of DeskStream's thin client
technology and the work WorldDesk has done on the management and delivery of
workspaces from the cloud has the potential to transform the mobile computing
market.
"This acquisition speaks to the strength of our business and the sector as a
whole. We are already experiencing a sea change in how people view cloud
computing and desktop virtualisation. The acquisition of WorldDesk will help us
to capitalise on the opportunities that result from this."
Speaking following the announcement, WorldDesk co-founders, Jonathan Chesney
and Claire Moore, said: "We established WorldDesk in effort to revolutionise how
organisations, individuals and, in particular, schools use computers. We wanted
to fundamentally alter the norm of how people think of, and use, their computer
desktop. DeskStream shares this vision and has placed a great deal of confidence
in our mission. We are delighted with today's announcement and we look forward
to taking WorldDesk to the next level."