Redstor, provider of data backup and cloud services has announced the acquisition of South Africa based software developer Attix5. The deal was completed for an undisclosed sum and will transform the Reading-based cloud services provider into an international software and services business.
The acquisition follows a ten-year relationship whereby Attix5 have been an integral partner of Redstor providing the underlying technology that drives Redstor's backup service for schools (RBUSS).
Attix5 provide backup and recovery technology and managed services to hundreds of service providers across every continent, who in turn utilise this technology to deliver services to thousands of end users across the world.
The acquisition of Attix5 was due to their robust and highly secure technology as well as their global customer footprint within the cloud backup, disaster recovery and storage services market.
With a development office in Stellenbosch, South Africa and sales and support offices in Johannesburg and Reading UK, Attix5 have continually developed their IP based on the input of cloud backup providers such as Redstor.
Paul Evans, CEO of Redstor stated, "The acquisition of Attix5 brings to a close one of the longest running courtships in history. We have been trading with Attix5 since 2005 and have always enjoyed a strong relationship."
Evans continues, "Today, Redstor are known as one of the leading backup, disaster recovery and storage businesses in the UK. The opportunity to evolve through gaining our own IP and expand our geographical footprint was a natural step that will allow us to have greater control over our future development."
Evans went on to say, "Redstor today has a customer base in excess of 10,000 organisations via our partner network. We receive ongoing feedback from our partners and end user customers which we will use to directly influence the direction our software development takes."
Danie Marais, original founder at Attix5 stated, "We are very excited about the acquisition as this opens up great opportunities for both Attix5 and Redstor. Throughout the 10 year partnership, both parties have come to understand each other's business' and have developed strong relationships. The owners at Redstor also appreciate Attix5's African roots and want to incorporate this as part of their vision moving forwards. I believe Attix5's software development expertise and Redstor's data management experience and strong partner and customer relationships are the perfect fit."