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VaultLogix Continues Leadership of Online Backup with Addition of Leading Online Backup Specialist
Danvers, MA (Vocus/PRWEBÂ ) January 20, 2010 — VaultLogixÂ©, a leader in providing secure, reliable,Â online backupÂ and recovery capabilities for business data at a cost-effective price point, today announced it has completed the acquisition of U.S. Data Trust (http://www.usdatatrust.com), a leading specialist in data protection and disaster recovery solutions. Todayâ€™s announcement extends VaultLogixâ€™s solutions for online backup by adding U.S. Data Trustâ€™s service to the VaultLogix portfolio of online backup solutions it can offer its customers.
With the addition of U.S. Data Trustâ€™s clients, VaultLogix now services over 3700 business clients worldwide, including over 300 channel partners. VaultLogix offers completeÂ offsite backupÂ solutions, either through its own proprietary solution, Internet Vault Advantage, or through existing relationships with third-party online backup software providers. By supplementing its own offering with those of other software providers, VaultLogix is able to ensure the best online backup solution for any business, regardless of their internal configurations and heterogeneous platform needs.
“U.S. Data Trust has enjoyed tremendous growth over the past 8 years” said Paul Hrabal, CEO of U.S. Data Trust. “By joining forces with VaultLogix, I believe we are creating a great company that can achieve significant success by offering the right offsite backup solution for any customer based on the particular needs of their environment.”
“VaultLogix is dedicated to providing the bestÂ online backup solution for our customers,” said Tim Hannibal, CEO and President for VaultLogix. “By adding the product capabilities that U.S. Data Trust offered to our already industry-leading service and customer support, we feel we can truly accelerate our growth plans.”
The acquisition of U.S. Data Trust closed in 2009 and VaultLogix expects the acquisition to be accretive to its revenue results as well as generating significant cost savings on a go-forward basis. Financial details of the acquisition are not being released.
For more information, visitÂ www.dataprotection.com or call 1-877-VAULTLOGIX (877-828-5856).
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