GFI Software Makes Strategic Online Backup Technology Acquisition

CARY, N.C., May 29, 2013 /PRNewswire/ -- GFI Software® today announced that it has made a strategic technology acquisition, purchasing the online backup software company IASO. The company is based in The Netherlands. Details of the deal are not being disclosed.

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IASO provides cloud-based solutions that provide customers with secure and efficient backup and recovery of their critical digital assets across all of the main computing platforms. IASO delivers its software solutions worldwide through a network of more than 600 direct international partners and resellers.

"We have been using IASO's technology in GFI MAX RemoteManagement for over a year and it has been a great success with our customers. Acquiring IASO's technology provides us with a huge opportunity to expand this side of our business, target new opportunities in the MSP community and among businesses that want to reduce the technical and logistical overhead of backup and benefit from the fastest cloud based restore available," said Walter Scott, CEO at GFI Software.

"We are constantly on the lookout for new technologies that will help us solve our customers' problems and enhance our products. The acquisition of this technology will strengthen our portfolio and allow us to address the rapidly-growing demand for online backup solutions. We believe strongly that best backup practice follows the Disk-to-Disk-to Cloud (D2D2C) or hybrid approach. The unique True Delta and Local Speed Vault technologies developed by IASO enable MSPs and businesses to follow this best practice, benefit from ultra-fast online backups and remain confident that their data is secure and available at the touch of a button, when they need it," Scott added.

Commenting on the acquisition, IASO's Johan Jongsma said: "We have worked with GFI for over a year now and we are very pleased that GFI has chosen to take our technology forward as its strategic solution for online backup. We see this as recognition of the value we have created so far in the Netherlands and in other regions. GFI has the vision, the ability and the resources to take our unique backup technology to a new level on a global scale."

About IASO
IASO is one of the leading brands in online backup software and storage for consumers, small to mid-sized businesses, managed service providers (MSPs) and enterprises. With more than 600 direct partners worldwide, IASO's Online Backup, is ultra-fast, reliable and one of the most advanced and secure technologies available.

About GFI
GFI Software™ develops quality IT solutions for small to mid-sized businesses with generally up to 1,000 users. GFI® offers two main technology solutions: GFI MAX™, which enables managed service providers (MSPs) to deliver superior services to their customers; and GFI Cloud™, which empowers companies with their own internal IT teams to manage and maintain their networks via the cloud. Serving an expanding customer base of more than 200,000 companies, GFI's product line also includes collaboration, network security, anti-spam, patch management, faxing, mail archiving and web monitoring. GFI is a channel-focused company with thousands of partners throughout the world. The company has received numerous awards and industry accolades, and is a longtime Microsoft® Gold ISV Partner.

For more information
GFI Software
Please email David Kelleher at dkelleher@gfi.com 
GFI - Malta: Tel: +356 2205 2000; Fax: +356 21382419.
URL: http://www.gfi.com.

Davies Murphy Group
Please email Hailee Lampert at gfi@daviesmurphy.com
GFI – US: Tel: +1-781-418-2454

Disclaimer
Copyright © 2013 GFI Software. All rights reserved. All other trademarks are the property of their respective owners. To the best of our knowledge, all details were correct at the time of publishing; this information is subject to change without notice

SOURCE GFI Software



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