Acronis makes first acquisition, GroupLogic

Acronis makes first acquisition, GroupLogic

Deal to address market demand for mobility and big data solutions

Disaster recovery and data protection vendor, Acronis, has acquired GroupLogic to address the market’s demand for data availability, accessibility and protection against the rise in enterprise mobility, big data, user driven collaboration tools, and rising storage costs.

GroupLogic is an enterprise software security company which focuses on secure file access, sharing, and syncing. Its solutions are also designed to enable organisations to provide collaboration without compromising corporate data protection or storage optimisation strategies.

“Our customers are facing a new IT environment,” Acronis president and CEO, Alex Pinchev, said. “The growth of big data, the drive for greater collaboration and the rise in mobile working have introduced new devices and unsecure file sharing practices into the enterprise.”

“With the acquisition of GroupLogic, we are positioned to help organisations of all sizes realise the benefits of enterprise mobility and secure collaboration, while keeping corporate content and systems available and accessible at all times,” he said.

Acronis mobility solutions senior vice-president, Chris Broderick, said who was formerly GroupLogic CEO, the acquisition allows the companies to deliver the shared vision that software for the modern IT organisation must be easy to use, support a diversity of platform, and reduce operational costs while mitigating risks.

“Helping IT organisations manage the diversity of file types, platforms, environments, and devices that end users are demanding, is a critical mandate of the enterprises we talk to today,” Broderick said.

Acronis did not disclose the value of the acquisition at time of publishing.

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