Tenzar Achieving Cloud Data Transfer Breakthrough

Tenzar Technologies, Inc. has developed a next-generation Data Transfer Protocol (DTP) technology that speeds up the transfer of files and datasets across cloud infrastructure and eases the shipping of thousands of files from on-premise computers to data centers.

Usage of the company’s technology in compute-intensive cloud infrastructure environments has shown to reduce infrastructure storage costs due to its built-in data deduplication and generate maximum transfer speeds for files and folders. The firm has engaged Objective Capital Partners, LLC, as its financial advisor to assist in a sell-side M&A process.

Organizations that perform frequent data transfers benefit from a significant decrease in the time required to ship data to, from, and within cloud infrastructure with DTP. After developing a performance computing platform, the company recognizes that its data transfer technology would have the highest value if integrated with the products or solutions of an established company.

“We believe in the value of this technology to improve the way companies move data across cloud infrastructure,” says Kevin Yedid-Botton, founder and CEO, Tenzar. “The technology is equivalent to a toll-free high-speed data highway because it accelerates the movement of data through optimization algorithms and also reduces the costs associated with bandwidth and storage. The potential for the technology to be applied to geomics, machine learning, data science, multimedia, or other software applications is significant because it saves real human hours and dollars. I think people have gotten used to suboptimal data speeds, but this technology changes that.“

The company is exploring the sale of its data transfer technology assets with potential strategic acquirers that can leverage the technology within their solutions.