27 Storage Acquisitions for First Six Months of 2016
Compared to 22 for same period in 2015
By Jean Jacques Maleval | July 19, 2016 at 3:12 pmThe trend in M&As in the storage industry continues at about the same pace since several years.
They were 27 for the first six months of 2016, compared to 22 for same period in 2015, 30 in 2014 and 32 in 2013.
This year there was a lot of acquisitions in backup with 12 deals.
The highest amount was $1 billion paid by Cavium to get QLogic. J2 Global alone acquired a record of 8 companies in online backup.
Who bought whom in first six months of 2016
Month in 2016 | Buyer | Acquired company | Price in $ million |
Activity of acquired company |
|
1 | Pivot3 | NexGen Storage | NA | Hybrid storage appliances, dynamic all-flash arrays and QoS capabilities | |
1 | Proact IT | Compose IT System | 6.4 | Cloud service | |
1 | TA Associates | StorageCraft Technology | 187 | Private equity firm investing $187 million to acquired provider of backup and recovery software | |
1 | j2 Global | On Demand Recovery | NA | UK online backup company | |
2 | Kingston | IronKey asssets (Imation) | NA | Encrypted flash key solutions | |
2 | DataLocker | IronKey assets (Imation) | NA | Enterprise Management Services (enterprise encryption) | |
2 | Hewlett-Packard Enterprise | Trilead | NA | Swiss firm in backup for VMware and Hyper-V | |
2 | KeepItSafe (J2 Global company) | InterCloud Systems(assets) | 26.1 | Online backup | |
2 | Datacastle | Evault (assets) | NA | Endpoint protection | |
3 | ETI-NET | Crossroads Systems (assets) | NA | Virtual Tape System and Sphinx products | |
3 | Load Dynamix | Virtual Instruments | NA | Merger between two companies in performance analytics | |
3 | j2 Global | VaultLogix | NA | Online backup | |
3 | j2 Global | Yotta280 | NA | Online backup | |
3 | j2 Global | Global Data Vault (assets) | NA | Online backup | |
3 | Sage Microelectronics | Initio | NA | SSD controllers | |
3 | j2 Global | Backup Solutions (assets) | NA | Online backup | |
3 | StrongBox Data Solutions | Crossroads Systems (assets) | 1.85 | Crossroads’ entire product portfolio and maintenance business | |
4 | V&G Information System | RunCore | NA | SSD maker | |
5 | Clearlake Capital Group | Vision Solutions | NA | Provider of HA, DR, migration software and services; acquired from Thoma Bravo | |
5 | Rigby Private Equity | Zycko | NA | Storage VAD in 12 countries in EMEA |
|
6 | eFolder | Replibit | NA | Backup and disaster software for MSPs | |
6 | Underground Vaults and Storage, Inc. | Concergent IT | NA | In particular distributor of Dell storage |
|
6 | Cavium | QLogic | 1,000 | Networking and storage connectivity |
|
6 | Samsung | Joyent | NA | Public and private cloud provider | |
6 | j2 Global | Electronic Vaulting Services | NA | Backup and DR built on Asigra | |
6 | j2 Global | Safebackup | NA | Backup service for SMBs | |
6 | J2 Global | 24sevenbackup | NA | Online backup in Ireland |