Arcserve, a data and ransomware protection provider, and StorageCraft, a data service provider with a focus on protection and availability, have agreed to merge. The merger of the two companies will form a global provider of data management and protection solutions for a range of organizations. The companies aim to meet the market need for a single source to manage and protect workloads throughout the data center, cloud, SaaS applications, and at the edge.
Tom Signorello, CEO of Arcserve, said, “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.”
Matt Medeiros, chairman and CEO of StorageCraft, added, “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.”