SecureData, a member of the JSE-listed ERP.com Group and the southern African distributor for Rocket Software, today announced that it has acquired Servergraph, Inc, a Texas company that develops reporting and analysis software for data-backup.
The firm will continue to function as a business unit within Rocket headed by Servergraph CEO Mark Roberts, and plans to expand its employee base in Austin as a result of the acquisition.
Servergraph has doubled its revenues every year since its founding in 1999, and the company's storage management applications are currently used by nearly 200 Global 2000 companies. The total value of the deal is expected to be $10 million.
Servergraph develops powerful, flexible and highly scalable Web-based storage management applications. The Servergraph Product Suite provides proactive management and automation for backup and recovery - graphing and powerful drill-down tools for quick problem isolation, performance tuning, and billing by application or cost centre - all from a single Web-based console.
"We were looking for an infusion of capital, and Rocket Software gave us the perfect opportunity to grow our business organically, increase the size of our staff, and develop new products within the framework of a dynamic, entrepreneurial company," according to Roberts. "At the same time, we are looking forward to integrating Servergraph products with Rocket's other storage products and expanding our reach into their existing global customer base."
Andy Youniss, CEO of Rocket Software, says the acquisition is ideal for both companies. "We have a strong presence in the storage space, and the purchase of Servergraph will allow us to expand our presence in this critically important field by integrating their software into our product offering. At the same time, we are providing strong financial support that will allow Servergraph to continue to develop excellent data-backup products as part of the Rocket family."
For further information, please contact Andrew Ochse at telephone (011) 257 8600; fax (011) 257 8699; e-mail andrewo@securedata.co.za.
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Founded in 1990, Rocket Software is a global development firm that builds enterprise infrastructure products for the world's leading OEMs, networks and software companies. The company's current lines of business complement and extend strategic OEM offerings in the areas of enterprise and mobile security, relational databases, mobile and wireless computing, and operational support systems (OSS). Rocket's current OEM relationships and technology partners include IBM, RSA Security, Microsoft, NEC, and Toshiba. Rocket Software is based in Newton, Massachusetts, and employs more than 200 people worldwide.
SecureData
SecureData, an ERP.com company, is Africa's premier IT security solution provider. SecureData's solutions incorporate anti-virus and content security, network security, intrusion prevention software and network asset management. SecureData's comprehensive "Managed Security Services" include design, audit, implementation, vulnerability assessment, outsourcing and hosting.
SecureData distributes, sells and supports category leading IT security products to the public, corporate and SME sectors throughout Africa as well as products and services to the SOHO and consumer markets through partnerships with ISPs. As well as being the sole distributor in Sub-Saharan Africa for Trend Micro, SecureData is the African distributor for US-based TippingPoint Technologies and the southern African distributor for US-based Application Security, eEye, Rocket Software, RSA Security, St Bernard and Websense; and UK-based Centennial. For more information, visit SecureData at www.securedata.co.za.
ERP.com
ERP.com is a JSE-listed company focused on the implementation, integration and management of enterprise applications in an e-business environment. For more information, visit ERP.com at www.erpcom.co.za.
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