Acronis to Acquire GroupLogic

Acronis, a provider of data recovery and protection solutions, will acquire GroupLogic, a secure enterprise file management company, in a move to help organizations keep their data more accessible and available on any platform.

The acquisition will address new market demands for data availability, accessibility and protection against the rise in enterprise mobility, the volume and velocity of content creation, user driven collaboration tools and rising storage costs.

Acronis president & CEO Alex Pinchev recognizes that the market is forcing CIOs to re-think their approach to data, as new devices and BYOD trends routinely take data away from the network, putting it at risk. “Our customers are facing a new IT environment. The growth of big data, the drive for greater collaboration, and the rise in the mobile workforce have introduced new devices and insecure file sharing practices into the enterprise.”

Pinchev points out that the acquisition will position the company to help organizations of all sizes realize the benefits of enterprise mobility and secure collaboration. Meanwhile, former GroupLogic CEO Chris Broderick, who has joined Acronis as its new senior vice president of mobility solutions, believes that a shared vision led to the acquisition.

“Together, we can give CIOs the tools that address secure collaboration and data accessibility from creation at the edge of the network, to making sure that data is easily recoverable from storage. Helping IT organizations 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.”