Asigra Congratulates Backup Technology Limited on Iomart Acquisition Asigra today extended accolades to longtime partner, Backup Technology Limited (BTL). The UK-based cloud backup and disaster recovery service provider, a high-growth market player with a portfolio of 200 enterprise clients, was recently acquired by Iomart, the UK?s leading cloud computing company. Backup Services Leader Achieves Key Success Milestone TORONTO – October 9, 2013 /PressReleasePing/ - Asigra Inc., a leading cloud backup, recovery and restore software provider since 1986 today extended accolades to longtime partner, Backup Technology Limited (BTL). The UK-based cloud backup and disaster recovery service provider, a high-growth market player with a portfolio of 200 enterprise clients, was recently acquired by Iomart, the UK’s leading cloud computing company.
In a deal reported to be £23 million, data hosting firm Iomart has agreed to acquire disaster recovery specialist BTL. The company was acquired for its “ground breaking progress in the delivery of cloud backup and disaster recovery,” according to Angus MacSween, CEO of Iomart.1 Focusing on enterprise cloud backup, disaster recovery and business continuity services, BTL’s client base includes Siemens, WPP, British Red Cross, Lloyds Register, Suzuki and other multi-national organizations.
“We are excited with the recent developments and look forward to working with the team at Iomart,” said David Farajun, Founder and CEO, Asigra. “As longstanding partners our relationship with BTL has been built on mutual respect and a similar vision to bring advanced data protection services to organizations worldwide. We applaud the achievements they have made and reaffirm our commitment to the company as it grows its footprint in the enterprise space.”
According to Market Monitor, a service of 451 Research, “Cloud market revenue will increase at a 36% compound annual growth rate (CAGR), putting the cloud computing market just shy of $20 billion at the end of 2016…Cloud computing is on the upswing and demand for public cloud services remains strong in terms of workloads and applications being run in the cloud."2
Founded in 2005, Backup Technology has become a world leader in the areas of online backup, disaster recovery and business continuity, with an international customer base from a wide range of sectors. Backup Technology is now part of iomart Group plc, one of Europe’s leading providers of cloud services and managed hosting, which owns and manages a large network of UK data centers.
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About Asigra Trusted since 1986, Asigra provides organizations around the world the ability to recover their data now from anywhere through a global network of partners who deliver cloud backup and recovery services as public, private and/or hybrid deployments. As the industry’s first enterprise-class agentless cloud-based recovery software to provide data backup and recovery of servers, virtual machines, endpoint devices, databases and applications, SaaS and IaaS based applications, Asigra lowers the total cost of ownership, reduces recovery time objectives, eliminates silos of backup data by providing a single consolidated repository, and provides 100% recovery assurance. Asigra’s revolutionary patent-pending Recovery License Model provides organizations with a cost effective data recovery business model unlike any other offered in the storage market. Asigra has been recognized as a Gartner Cool Vendor and has been included in the Gartner Magic Quadrant for Enterprise Backup and Recovery Software since 2010. More information on Asigra can be found at www.asigra.com.
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