Featured in ChannelBuzz.ca: Arcserve, StorageCraft emphasize regional, business model synergies in merger deal
Two long-time data protection players, both of whom reinvented themselves for the cloud age, are merging. Arcserve and StorageCraft will come together as Arcserve, with the StorageCraft portfolio being branded as StorageCraft, an Arcserve Company. Current Arcserve CEO Tom Signorello will be CEO of the new Arcserve. Douglas Brockett, the current President of StorageCraft, will be President going forward after the transaction receives regulatory approval, which is expected to happen over the next two to three weeks. Shridar Subramanian, StorageCraft’s CMO, will be the new Arcserve CMO. Jock Breitweiser, also from the StorageCraft side, will lead communications.