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  6. StorageCraft Acquires Exablox

M&A Deal Summary

StorageCraft Acquires Exablox

On January 19, 2017, StorageCraft acquired technology hardware company Exablox

Acquisition Highlights
  • This is StorageCraft’s 1st transaction in the Technology Hardware sector.
  • This is StorageCraft’s 2nd transaction in the United States.
  • This is StorageCraft’s 1st transaction in California.

M&A Deal Summary
Date 2017-01-19
Target Exablox
Sector Technology Hardware
Buyer(s) StorageCraft
Deal Type Add-on Acquisition

Target

Exablox

Mountain View, California, United States
Exablox is the company reimagining storage. Exablox solves businesses’ runaway storage costs and information management nightmares by providing a cloud-managed, scale-out, object-based solution that is affordable and easy to use. OneBlox is an inclusive storage offering that combines an elegant hardware architecture and integrated, enterprise-grade software, including inline deduplication, continuous data protection and disaster recovery. Exablox’s innovative approach to storage has led to widespread customer traction across verticals including higher education, healthcare, insurance and the legal as well as Fortune 500 companies.

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Buyer(S) 1

Buyer

StorageCraft

Draper, Utah, United States
Category Company
Founded 2003
Sector Software
DESCRIPTION

StorageCraft provides backup, disaster recovery, system migration, virtualization and data protection solutions for servers, desktops and laptops on Windows and Linux platforms. The company’s integrated product suite is designed to reduce downtime, improve management and stability of systems and data, and lower the total cost of system ownership in both physical and virtual environments. StorageCraft was founded in 2003 and is based in Draper, Utah.

DEAL STATS #
Overall 2 of 2
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-20 Gillware Online Backup

Madison, Wisconsin, United States

Gillware Online Backup is a provider of secure, cloud-based backup solutions for individuals and small businesses.

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