Arcserve
and StorageCraft announced that they have signed a
definitive agreement to merge. Once completed, the merger of the two
highly complementary companies will form the most comprehensive global
provider of data management and protection solutions for organizations
spanning from SMBs to the Fortune 50. The merger will solve the growing
market need for a single source to manage and protect workloads
throughout the data center, cloud, SaaS applications, and at the edge.
With expanded geographic reach, the industry's broadest product
portfolio, flexible business models, and magnified innovation footprint,
the merged companies will bring extensive market and revenue
opportunities for MSPs, VARs, and distributors.
Addressing challenges facing end-users in every size organization
Combining
capabilities will create a comprehensive product suite that addresses
the vast majority of use cases and business continuity challenges. With
total global data storage projected to exceed 200 zettabytes by 2025 and cybercriminals expected to attack a new business every 11 seconds in 2021,
organizations will be able to choose one vendor for a single, agile
ecosystem to manage data workloads in all environments and to protect
and recover data in the event of cyberthreats, human error, and natural
disasters.
Organizations
of all sizes will be able to rely on a single partner to protect
current and evolving data infrastructures with a solutions-based
portfolio that spans DRaaS, BaaS, SaaS protection, hybrid and converged
data management, direct to cloud data protection, and workload migration
to the cloud - or any other infrastructure.
Significant value for MSPs, VARs, and distributors
As
two 100% channel-focused organizations come together, the merger will
create meaningful new revenue opportunities for partners worldwide. The
significantly expanded portfolio will simplify the selling process with
solutions, services, and support from one vendor while also providing
diversification to help partners expand addressable market share, scale
revenue, and create margin opportunities. Flexible perpetual license and
subscription business models will further optimize market and revenue
opportunities and enable friction-free commerce.
Accelerated investment for future infrastructures and next-generation data workloads
Arcserve
and StorageCraft will continue to fully support and invest in their
existing solutions. In addition, both companies will increase
investments in R&D and combined IP, which will strengthen both
companies' product portfolios. Channel partners and end-users alike will
see rapid innovation for continuous data availability across every
platform and location. This will enable a seamless evolution from
current to next-generation infrastructures and data workloads, including
hyper-converged, multi-cloud, containers, edge infrastructures, and
next-generation cloud data centers.
Following
the merger, StorageCraft will be branded 'StorageCraft, an Arcserve
Company,' and the merged company will be united under the leadership of
CEO Tom Signorello, the current CEO of Arcserve, and president Douglas
Brockett, the current president of StorageCraft.
Availability
The combined Arcserve and StorageCraft solution portfolio will be available through channel partners and distribution.
"Companies
in every sector are looking to modernize their infrastructures amid
unabated cyber threats and global changes that have altered the way they
must protect and manage data. This merger will place us at the
forefront of filling a massive market gap by supporting all workloads in
every environment with one ecosystem. No longer will organizations
require ad-hoc solutions that only add to the complexity they are trying
to solve. We will be better placed than any other vendor to be ready as
new workloads arise and infrastructures evolve - providing certainty
today and in the future." -- Tom Signorello, CEO, Arcserve
"The
combination of StorageCraft's leadership in the SMB and MSP market
combined with Arcserve's strength in the enterprise and VAR ecosystem,
is game changing for the data protection and recovery market." -- Matt Medeiros, Chairman and CEO, StorageCraft