|[February 24, 2012]
Dell Acquires AppAssure
ROUND ROCK, Texas --(Business Wire)--
Dell Inc. (NASDAQ: DELL) today
announced it has acquired AppAssure, a global leader in complete
application protection for virtual, physical and cloud infrastructures.
The acquisition of AppAssure,
the nation's fastest-growing1 backup software technology
company, further extends Dell's (News - Alert) comprehensive storage and software
Dell has taken significant steps over the past three years to expand its storage
portfolio to offer customers a complete range of world-class storage
products and solutions. AppAssure's leading backup solutions enhance
Dell's existing storage capabilities by providing customers confidence
that their applications and data are fully protected.
Dell provides customers with solutions that help manage the growing
complexity in IT and the rapid explosion in data. Today, Dell offers a
full portfolio of Storage
Area Network and Network
Attached Storage solutions, based on its Fluid Data architecture,
and is complementing these offerings with security, data compression and
backup and restore capabilities. Dell simplifies technology to make
storage products more accessible to businesses of all sizes.
AppAssure recently reported 194 percent revenue growth year-over-year in
20112 and 19 consecutive quarters of growth, and Inc.
Magazine3 has ranked AppAssure as the nation's
fastest-growing backup and replication software company.
AppAssure's award-winning4 technology delivers reliable
application recovery from customers' servers to their datacenter and
their cloud. AppAssure goes beyond simply protecting data, to protecting
entire applications enabling service providers and enterprises to adopt
a cloud model to deliver fast, reliable and secure data protection.
AppAssure delivers the industry's fastest backup and recovery5
of virtual servers, including VMware, Hyper-V and XenServer, as well as
AppAssure was founded in 2006 and is headquartered in Reston, Va. Bain
Capital Ventures is the lead institutional investor in AppAssure and the
remainder of the company is employee-owned. Dell plans to keep
AppAssure's approximately 230 employees and will continue to invest in
additional engineering and sales capability to grow this business. Terms
of the transaction were not disclosed.
"AppAssure's unique architecture delivers innovative
cloud-enabled backup and replication solutions that meet the challenges
of protecting the explosive growth of data in both virtual and physical
environments," said Brad
Anderson, president, Enterprise Solutions Group, Dell. "At a
practical level, AppAssure enables Dell customers to seamlessly move and
replicate data across our existing platforms -- from an EqualLogic array
in a remote office to a Compellent array at a data recovery site."
"Dell's acquisition of AppAssure is a strategic industry move given its
relentless focus on providing innovative solutions to protect customers'
applications and data in cloud, virtual and physical environments," said
Najaf Husain, president and CEO, AppAssure. "Combining Dell's global
brand, scale, reach and existing storage portfolio with our innovative
technology provides customers with world-class data protection and
recovery capabilities in their virtual, physical and cloud environments."
"AppAssure's speed and ease of use are great, and the continuous backup
makes recovery go really smoothly," said Dave Buzzell, CIO of Sedona
Group. "Our IT environment is constantly changing, and only
AppAssure has been able to keep up with it. We estimate that we can keep
three years of continuous backups just due to AppAssure's true global
deduplication and compression technology. That's amazing."
AppAssure, the No. 1 backup for VM, physical and cloud environments, is
a global leader in complete server, application and data protection. The
company provides a unified and integrated backup and replication
software that is engineered on innovative and groundbreaking
technologies which offer near-zero recovery time, 100% recoverability
assurance, and cross-platform virtual and physical server recovery (P2V,
V2V, V2P or P2P). Building on a history of innovation and multiple
industry firsts, AppAssure continues to set the standard in virtual and
physical server data protection.
Dell Inc. (NASDAQ: DELL) listens to customers and delivers worldwide
innovative technology, business solutions and services they trust and
value. For more information, visit www.dell.com.
Statements in these materials that relate to future results and
events are forward-looking statements based on Dell's current
expectations. Actual results and events in future periods may differ
materially from those expressed or implied by these forward-looking
statements because of a number of risks, uncertainties and other
factors. Risks, uncertainties and assumptions include the possibility
that projected benefits may not materialize as expected; that Dell is
unable to successfully implement the plans, strategies and objectives of
management for future operations, including the execution of integration
strategies; and other risks that are described in Dell's Securities and
Exchange Commission reports. Dell undertakes no obligation to update
these forward-looking statements.
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Dell is a trademark of Dell Inc. Dell disclaims any proprietary interest
in the marks and names of others.
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