Just two weeks after launching its SafeData Cloud solution for SMBs, New York-based Data Storage Corporation (DSC) has acquired a Canadian business continuity management company based in Toronto. DSC made the announcement on 1 June, 2012.
The acquired company, e-ternity Business Continuity Consultants, provides cloud computing and technology services to customers primarily in the technology, financial, professional services, and manufacturing sectors. DSC plans to continue operating the company as an independent subsidiary for the time being. They will add their cloud solution to e-ternity’s existing product list which currently includes cloud hosting, disaster recovery, and other high-tech business solutions.
“We are excited to join the team at Data Storage Corporation because we each share the same mission, to provide customers with the most effective and reliable data protection and business continuity services available,” said e-ternity president Greg Onoprijenko in a prepared statement. “Working together, we will be able to greatly expand our collective offerings while maintaining the levels of service our customers have come to expect.”
Details of the acquisition have not been disclosed but it is known DSC acquired at least 80% of the Toronto business. DSC CEO Chuck Piluso made it clear that when the acquisition is complete he expects e-ternity to immediately add to his company’s growth potential by increasing DSC’s access to the growing IaaS market.
He went on to say his company is looking at other high profile acquisitions aimed at boosting DSC’s presence in both the cloud computing and data storage markets. If nothing else, the expansion of the DSC footprint into Canada’s largest city should go a long way.