Business Services Industry
Rocket Software Acquires Assets of Arkivio
Business Wire, Jan 8, 2008
-- Award-Winning Software To Be Incorporated into Rocket's Storage Unit --
NEWTON, Mass. -- Rocket Software (www.rs.com), a Boston-based developer of Enterprise Infrastructure products, today announced that it has acquired the software assets of Arkivio, Inc. (www.arkivio.com), an award-winning developer of storage products based in Mountain View, California. Both companies are privately held. Under terms of the agreement, Rocket will continue to develop and support Arkivio software as part of its storage unit, which also includes Austin-based Servergraph (www.servergraph.com) and Seattle-based Mainstar (www.mainstar.com). Arkivio's development, support and sales teams will continue to work as part of Rocket and will be managed by Giovanni Paliska, who is currently president and CEO of Arkivio.
Arkivio, a leading provider of information lifecycle management (ILM) solutions for enterprise customers, offers software for data archiving and retention, regulatory compliance, storage consolidation, backup and recovery optimization, and capacity management across a tiered-storage infrastructure. According to Rocket CEO Andy Youniss, "Adding Arkivio's world class software to our product mix is an important step for us as we continue to expand our storage offering. This is really a perfect fit for us, and we look forward to working with Arkivio's customers and partners."
"We are excited to have the opportunity to improve our ability to meet our customers' needs," said Giovanni Paliska, president and CEO of Arkivio. "By incorporating our software into Rocket's storage unit, we will be able to take advantage of their broad suite of products and augment our position in the marketplace."
About Rocket Software
Rocket Software is a global software development firm that builds and services Enterprise Infrastructure products for the world's leading OEMs, networks and software companies. The company's current lines of business complement and extend strategic OEM offerings in the areas of business intelligence, enterprise and mobile security, relational databases, mobile and wireless computing, and operational support systems (OSS). Rocket's current OEM relationships and technology partners include IBM, EMC, HP, RSA Security, Microsoft, Nortel, and Motorola. Rocket Software is based in Newton, Massachusetts. For more information, visit www.rocketsoftware.com.
About Arkivio
Arkivio, Inc., providing leading Information Lifecycle Management (ILM) solutions for enterprise customers, offers software for data archiving and retention, regulatory compliance, storage consolidation, backup and recovery optimization, and capacity management across a tiered-storage infrastructure. The company's ARKIVIO[R] AUTO-STOR software redefines storage management by enabling customers to profile the criticality of their data within its lifecycle in order to automate its discovery, classification and placement on the most appropriate storage resource across heterogeneous DAS/NAS/SAN environments without deploying agents - driving the cost per managed terabyte of storage to its lowest possible level, while providing significant ROI. For more information on ARKIVIO[R] AUTO-STOR and its customer solutions, visit www.arkivio.com.
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