Arcserve and StorageCraft have signed a definitive agreement to merge.
Once completed, the merger will form the most comprehensive global provider of data management and protection solutions for organisations spanning SMB to the Fortune 50.
The merger will provide for a single source to manage and protect workloads throughout the data centre, cloud, SaaS applications, and at the edge.
Combining capabilities will create a 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, organisations 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.
Organisations 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 and BaaS, SaaS protection, hybrid and converged data management, direct to cloud data protection, and workload migration to the cloud – or any other infrastructure.
Arcserve and StorageCraft will continue to 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.
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.