Stratus Technologies to be acquired by Siris Capital Group

Stratus Technologies has signed a definitive agreement to be acquired by an affiliate of Siris Capital Group, LLC, in a transaction valued at approximately $352 million. "This is the right deal at the right time for Stratus," said Dave Laurello, President and CEO, Stratus Technologies. "It is a clear endorsement of our strategy, our products and our people. Together we will continue to transform Stratus and take our industry-leading technology and solutions to a broader market,...

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Seagate completes Xyratex acquisition

Seagate Technology plc has completed its previously announced acquisition of Xyratex Ltd, a leading provider of data storage technology.

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Virtustream selects PernixData FVP™

Virtustream, the leading enterprise class cloud software and Infrastructure as a Service (IaaS) provider, has selected PernixData FVP™ to scale-out storage performance for its cloud applications in a cost effective manner. By enabling both mission-critical legacy and web-scale applications to run efficiently in the cloud, PernixData FVP is helping Virtustream exceed customer Service Level Agreements (SLAs), while lowering the company’s support calls.

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Tegile Systems has closed a $70 million funding round. The new funding brings the company’s...
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Zerto says that Zerto Virtual Replication for Amazon Web Services (AWS) is being previewed at AWS...
Druva is eliminating the IT challenges associated with enterprise Windows 10 migrations, including...
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How Clifton College solved its data backup problems

Clifton College is one of the UK’s leading co-educational independent schools. Cristie Data provides the Bristol-based private school with a fully managed, scalable and reliable cloud backup solution that protects pupil data and can easily scale to meet future data growth.

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