Cloud Software Group Completes Acquisition of Arctera

Cloud Software Group Inc., announced that it has completed its acquisition of Arctera, a reference in data management.Arctera helps organizations trust, access and illuminate their data from creation to retirement. Arctera will operate as a standalone business within the Cloud Software Group portfolio.

“We are excited to officially welcome Arctera to Cloud Software Group,” said Tom Krause, CEO, Cloud Software Group. “As a leading provider of data and enterprise infrastructure software solutions for customers worldwide, Arctera fits squarely within our strategy as we help build mission-critical capabilities to create enhanced value for customers. The addition of Arctera to our portfolio is an important step forward as we execute our strategy to acquire at-scale, enterprise-focused software businesses that fit within our proven model.”