StorCentric to Acquire Drobo and Nexsan

News

Complete Portfolio of Storage Solutions Accelerates Growth Strategy

Last Updated: August 23, 2018 5:34 pm GMT
(Sunnyvale, CA--August 23, 2018) StorCentric, the newly formed customer centric storage solutions company will be acquiring Drobo, the preferred storage solution for prosumer and SMB customers, and Nexsan, a global leader in enterprise storage solutions. With these acquisitions, StorCentric will provide a robust portfolio of storage solutions with a broad and feature rich product line. This will enable high performance, secure, and scalable solutions for a multitude of workflows and workloads. Both brands will remain intact as independent divisions under StorCentric.

The Next Phase of Growth in a Hybrid Cloud Environment
With these acquisitions, StorCentric will have a combined track record of over 450,000 storage products sold to individuals, SMBs and enterprise customers, and will have received over 100 awards for excellence in the storage industry. StorCentric will have over 150 employees across locations in North America, Europe and Asia. The StorCentric product portfolio will offer world class products, IP, and talent focused on helping customers scale their businesses while accessing, backing up and archiving critical data. StorCentric will serve a large list of data intensive verticals including Creative, Entertainment, Education, Government, Healthcare and Surveillance. The combined product portfolios are enhanced by a strong hardware footprint, highly trained channel partners and loyal customers.

“Nexsan has a remarkable line of enterprise class storage solutions that address complex business requirements while Drobo has best in class prosumers and SMBs. Both are critical components of StorCentric,” said Mihir Shah, CEO of StorCentric. “StorCentric is strongly positioned for future growth and innovation in the storage industry. We will continue to execute on our growth strategy, both organic and through acquisitions. Our focus will be on additional software and hardware products that address the needs of our customers and partners.”

“Both Nexsan and Drobo have a history of storage innovation, focused around efficiency and ease of deployment,” said Gary Watson, founder and CTO of Nexsan. “Both Drobo and Nexsan have been developing new integration points to the evolving hybrid cloud world and these acquisitions give us the opportunity to work together on developing solutions which automatically optimize both, on-premises and on-cloud information management and governance.”

Thirty Years of Innovation and Storage Leadership
Drobo has over ten years of providing innovative products to media professionals, SMB and government customers. This legacy of innovation and growth has solidified Drobo as the go- to- solution for safe and reliable storage for data intensive workflows. Nexsan has distinguished itself as a global leader for the past nineteen years in providing world class solutions for challenging IT requirements. Nexsan products deliver storage for highly compliant industries including Healthcare, Law Enforcement, Government, and Finance, and serve thousands of data centers around the world. The Nexsan Assureon storage system is helping solve the challenges of the newly enacted European GDPR, including the “right to be forgotten” which is also starting to appear in American privacy regulations. The recently announced Assureon Cloud Transfer technology further enhances Nexsan’s products with the ability to move data between cloud and on premise storage.

The Nexsan product line provides existing Drobo customers with a high level of enterprise features needed as organizations grow and business demands increase. Conversely, Nexsan’s customers now have access to the world’s best storage solution for SMBs and department level workflows that demand ease of use and flexibility.

StorCentric will retain both Drobo and Nexsan brands and will be organized into two divisions. Both divisions will report directly to Mihir Shah, who will assume the role of CEO of StorCentric. Each brand will continue to support their customers, partners, and channel community to ensure continuity.

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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.

About Drobo
Drobo makes award-winning storage solutions that provide an unprecedented combination of data protection, expandability, and ease of use. Based on the patented and proven BeyondRAIDTM technology, Drobo delivers the best storage experience ever for hundreds of thousands of consumers, professionals, and businesses. For more information, please visit: www.drobo.com.

About Nexsan
Nexsan™ is leading the way in redefining unified storage. The company has been at the forefront in developing world-class storage technologies that are focused on the critical needs of our customers. Nexsan Unity™ is the first enterprise-class unified storage solution to incorporate secure file sync and share in a single platform. Our renowned E-Series is the storage backbone of many data centers around the world due to its high performance, reliable, high-density storage. For more information, please visit: www.nexsan.com.

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Comments

Re: News: StorCentric to Acquire Drobo and Nexsan
by Bob Zelin
interesting news. It appears that StorCentric was a non existent company that is based on financial investors. StorCentric will be run by the guy that runs Drobo. What is interesting is that both these companies are on the opposite end of the spectrum. Drobo makes very low end entry level slow backup systems that are inexpensive and easy to use, while Nexsan makes super hi end servers that compete with Quantum, Isilon, EMC, etc. Drobo has always had the ability to get into a higher performance product, like QNAP, Synology and Netgear, but they never did it. Perhaps because their real market was people that wanted cheap easy to use backup systems, and not worried about our market - video shared storage that is high performance.

I have a feeling that we will see a lot of the established names that we have all known for years start to disappear. The competition from new Chinese companies are fierce, and it's tough to compete with those low prices. Who knows.
There are still wonderful specialty products like LumaForge at focus on applications for OUR industry, and I don't think that they will be affected in the long run. I could be wrong - I often am !

Bob Zelin

Bob Zelin
Rescue 1, Inc.
bobzelin@icloud.com
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