Chennai based Vembu Technologies which provides cloud based data backup and recovery solution to SMBs has acquired CloudNucleus, a Chennai based company.
The deal is a mix of equity and cash and the acquisition will help Vembu strengthen its offerings in the areas of business continuity/disaster recovery, Continuous Data Protection (CDP) and Bare Metal Recovery (BMR).
CloudNucleus delivers Virtualization based Data Protection and Disaster Recovery Products and helps companies implement virtualized backups and disaster recovery for a fraction of the cost of traditional backup solution.
The acquisition will accelerate Vembu’s ability to deliver the industry’s most complete data protection and recovery solutions targeted at small and medium businesses (SMB) and sold exclusively through MSPs and MHPs, helping partners get the maximum value from their service with the lowest risk and the highest customer satisfaction. Further, CloudNucleus’ deep technical capability, and strong service delivery will complement Vembu’s established channel and enhance its ability to serve partners and their customers around the globe.
