Arcserve, the world’s most experienced data and ransomware protection provider, and StorageCraft, whose mission is to protect all data and ensure its constant availability, today announced that they have signed a definitive agreement to merge. Once completed, the merger of two highly complementary companies will form the most comprehensive global provider of data management and protection solutions for organizations spanning SMB to the Fortune 50. The merger will solve the growing market need for a single source to manage and protect workloads throughout the data center, cloud, SaaS applications, and at the edge. With expanded geographic reach, the industry’s broadest product portfolio, flexible business models, and magnified innovation footprint, the merged companies will bring extensive market and revenue opportunities for MSPs, VARs, and distributors.
Addressing challenges facing end-users in every size organization
Combining capabilities will create a comprehensive product suite that addresses the vast majority of use cases and business continuity challenges. With total global data storage projected to exceed 200 zettabytes by 2025 and cybercriminals expected to attack a new business every 11 seconds in 2021, organizations will be able to choose one vendor for a single, agile ecosystem to manage data workloads in all environments and to protect and recover data in the event of cyberthreats, human error, and natural disasters.
Organizations of all sizes will be able to rely on a single partner to protect current and evolving data infrastructures with a solutions-based portfolio that spans DRaaS, BaaS, SaaS protection, hybrid and converged data management, direct to cloud data protection, and workload migration to the cloud – or any other infrastructure.
Significant value for MSPs, VARs, and distributors
As two 100% channel-focused organizations come together, the merger will create meaningful new revenue opportunities for partners worldwide. The significantly expanded portfolio will simplify the selling process with solutions, services, and support from one vendor while also providing diversification to help partners expand addressable market share, scale revenue, and create margin opportunities. Flexible perpetual license and subscription business models will further optimize market and revenue opportunities and enable friction-free commerce.
Accelerated investment for future infrastructures and next-generation data workloads
Arcserve and StorageCraft will continue to fully support and invest in their existing solutions. In addition, both companies will increase investments in R&D and combined IP, which will strengthen both companies’ product portfolios. Channel partners and end-users alike will see rapid innovation for continuous data availability across every platform and location. This will enable a seamless evolution from current to next-generation infrastructures and data workloads, including hyper-converged, multi-cloud, containers, edge infrastructures, and next-generation cloud data centers.
Following the merger, StorageCraft will be branded ‘StorageCraft, an Arcserve Company,’ and the merged company will be united under the leadership of CEO Tom Signorello, the current CEO of Arcserve, and president Douglas Brockett, the current president of StorageCraft.
Availability
The combined Arcserve and StorageCraft solution portfolio will be available through channel partners and distribution.
Tom Signorello, CEO, 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, StorageCraft, said, “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.”
Douglas Brockett, President, StorageCraft added, “Following the completion of the merger, the scope and scale of our combined businesses will allow us to bring a dramatically broader portfolio of solutions to market. At the same time, it expands the resources with which we can serve our customers and ensures we grow hand in hand with our channel partners.”
