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BakBone Acquires Assets From Asempra for Only Around $3 Million
This is a Press Release edited by StorageNewsletter.com on Mon, May 4th, 2009
Last edited 2009/05/07
Jump right to our comments
The rumor finally confirmed
BakBone Software, Inc. has acquired certain assets from Asempra Technologies, Inc., a privately-held company based in Santa Clara, Calif. Asempra develops real-time data protection and recovery solutions for Windows applications and file system data. Under the terms of the agreement, Several acquirers
“A key growth strategy of our company is to offer customers a broad portfolio of product and service offerings. This acquisition represents an execution of our stated Integrated Data Protection strategy and helps build on our position as a leading provider of data protection solutions that improve overall performance and reduce operational costs,” said Jim Johnson, president and chief executive officer, BakBone. “Our data protection platform, when combined with Asempra’s Any Point-In-Time technology for Exchange and SQL Servers, as well as Windows file systems, provides customers with cost-effective tools to enhance their current data protection strategies. And, this solution enables customers to significantly reduce downtime and data loss of the important business assets that reside in these critical Microsoft applications.”
Our comments :
The rumor of this operation was recent.
Based in Santa Clara, Asempra raised $32.4 million since its inception in 2003, including $20 million in 2006. The company offers business continuity servers and appliances with its own CDP, for Exchange, SQL and Windows file servers.
On its side BakBone is in software only, but, with this deal, it extends its solutions with CDP and for Windows applications. The two companies were already partnering technologically since April 2008, to "invest in joint product development, marketing, and services delivery." Released in July 2008 and updated in February 2009, NetVault: Real-Time Data Protector 2.0, a BakBone' software for backup and recovery of Microsoft Exchange, SQL Server, and Windows file
system data, was the first result of this partnership. Now an ownership.
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