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StorCentric Acquires Retrospect, Inc.

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PRESS RELEASE

Third acquisition highlights StorCentric's growth strategy to offer comprehensive range of storage, archiving and backup solutions.

SUNNYVALE, CA. – June 26th, 2019–  StorCentric, parent company of Droboand Nexsantodayannounced that it has acquired privately owned backup software company, Retrospect, Inc. Retrospect, Inc. is a leading provider of backup and recovery tools for consumers, professionals and SMBs. Under terms of the agreement, Retrospect, Inc. will operate as an independent, wholly-owned subsidiary of StorCentric.
 
Retrospect, Inc. provides award-winning backup and recovery software and enables over 500,000 customers in over 100 countries to recover quickly from accidents, hardware failure, theft, and disaster. Retrospect Backup supports both consumers and small to medium-sized businesses (SMBs) with a range of backup and recovery capabilities. These include a wide selection of platform support for servers, endpoints, and virtual environments, as well as seamless integration with over twenty cloud storage providers, including Amazon S3, Google Cloud Storage, and Dropbox. Retrospect Backup protects data for customers as diverse as individual professionals to NASA’s Hubble Space Telescope.
 
Focus on the Customer

The acquisition places StorCentric in a strong position to offer customers a complete and comprehensive storage solution. Professionals and SMBs using Drobo storage products will now be able to seamlessly add another layer of data protection and integrate with off-site cloud solutions with cross platform support including Windows, Mac, Linux, VMware, and Hyper -V.
 
Mihir Shah, CEO at StorCentric, commented, “At StorCentric, we are focused on providing solutions to protect our customers’ digital information, and with this acquisition, we can now offer unrivalled backup and recovery solutions. Retrospect has an impressive reputation in the market with a loyal base of over 500,000 customers, which is a testament to the quality of their products.”
 
“For 30 years, Retrospect has helped millions of professionals and businesses protect their data,” said JG Heithcock, Co-Founder and CEO of Retrospect, Inc. “We're very pleased to join the StorCentric family, providing StorCentric customers with a complete storage solution with built-in data protection. The StorCentric brands have a long history of technical innovation, and Retrospect is the next step toward building a market-leading storage solutions company.”

StorCentric Continues to Execute on Growth Strategy Through 3rdAcquisition

StorCentric acquired Drobo and Nexsan in Augustof 2018 to provide a robust portfolio of storage solutions with a broad and feature rich product line. Both Drobo and Nexsan have a history of storage innovation with a focus on efficiency, ease of use and high-quality products.
 
“We laid out our strategy for StorCentric to unify exceptional technology and create a world-class storage company. This third acquisition not only highlights the execution of our strategy, but also our unrelenting commitment to protect our customer’s digital information. We will continue to grow both organically and through further acquisitions,” said Mihir Shah, CEO of StorCentric.

The three brands under StorCentric offer a product portfolio with world class hardware and software storage products, IP, and talent focused on helping customers scale their businesses while accessing, backing up and archiving critical data. StorCentric now has a combined record of 1 million customers, 60 years of storage expertise and a focus on the Media & Entertainment, Education, Government and Healthcare verticals.
 
About StorCentric

StorCentric provides world-class and award-winning storage solutions for prosumers,  SMBs and enterprise customers. Between its Drobo and Nexsan divisions, the company has shipped over 450,000 storage solutions and has won over 100 awards for innovation and solution excellence. StorCentric innovation is centered around customers and their specific data requirements, and delivers quality solutions with unprecedented flexibility, data protection and expandability. For more information, please visit https://storcentric.com/

About Retrospect, Inc.

Retrospect, Inc. is dedicated to providing reliable backup and recovery tools for professionals and small-to-midsize businesses with Retrospect Backup and Retrospect Virtual, covering physical servers and endpoints, virtual environments, and business applications. With three decades of field-tested expertise and millions of users worldwide, Retrospect meets the needs of organizations that require the highest level of recoverability. For additional information, please visit retrospect.com.