Vision Solutions to acquire Double-Take Software
Double-Take Software Inc. announced that it has entered into an agreement to be acquired by Vision Solutions Inc. The acquisition will cost about $242 million and Double-Take stockholders will receive $10.55 in cash for each share of Double-Take stock that they hold, which represents a premium of 39% and 21% to Double-Take's enterprise value. Double-Take predicts this transaction will close in the third quarter of 2010.
Colocation America offers energy efficient power sources for data centers
Colocation America, a colocation data center hosting company, announced that that it will start using energy efficient power sources, which use less power than companies with in-house data centers. These energy efficient sources will reduce their carbon and data footprint.
Survey reveals that 92% of users in TechValidate research would recommend Bocada products
A survey conducted by TechValidate revealed that 92% of people using Bocada Inc's Data Protection Service Management (DPSM) products would recommend them to their peers. Customers reported the following benefits after implementing the Bocada DPSM in their data storage environments: improved data backup success rates, ability to respond quicker to audit requests, identification of areas for policy improvements, lower administrative costs, and the ability to meet service-level agreements (SLAs).
The LCO Group releases an updated version of their Sentinel Backup and Disaster Recovery product
The LCO Group announced the release of an updated version of their Sentinel Backup and Disaster Recovery product. The Sentinel System is a data backup and disaster recovery product designed for small- to medium-sized businesses (SMBs). The Sentinel System is designed to help businesses reduce data loss risks by offering continuous data protection (CDP), local disk-based backup, offsite co-located data backup, local and remote virtualization, and heightened security with 256 bit encryption. The Sentinel System also provides users with business continuity (BC). Data is stored on virtual servers located in colocation facilities, allowing users to access their data if there is an outage or their primary site is lost.
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