Deduplication was an important asset Imation lacked in its quest to become a major data storage player via its "scalable storage growth" strategy.
Storage media and data protection provider Imation on Dec. 20 added some important cogs to its product line in acquiring block-level deduplication software, additional other IP and two executives from Nine Technology. Financial terms of the deal were not disclosed.
Nine Technology was founded in 2006 as an online backup software developer for Windows personal computers and servers. Its cloud-based services allow resellers to offer online backup and recovery services to their clients with near-continuous, scheduled or manual updates.
Nine Technology will continue to operate as a stand-alone service provider of data protection offerings and be a strategic partner for Imation, the company said.
The key IP acquired, Nine's data deduplication software engine, eliminates redundant data, enabling shorter backup windows, quicker recovery, lower infrastructure costs, and more robust and reliable data protection. It was an important asset Imation lacked in its quest to become a major data storage player via its "scalable storage growth" strategy.
"Imation needs block-level deduplication to compete effectively in the new world order, and Nine Technology is the right partner at the right time," said Steve Duplessie, founder and senior analyst at Enterprise Strategy Group. "The combination of Imation's global reach and recent storage and security investments creates a potent opportunity."
Nine Technology founder and former Chief Executive Officer Tom Gelson and former Nine Technology Chief Technology Officer Alex Stoev will join Imation as key additions to the company's scalable storage team.
Chris Preimesberger was named Editor-in-Chief of Features & Analysis at eWEEK in November 2011. Previously he served eWEEK as Senior Writer, covering a range of IT sectors that include data center systems, cloud computing, storage, virtualization, green IT, e-discovery and IT governance. His blog, Storage Station, is considered a go-to information source. Chris won a national Folio Award for magazine writing in November 2011 for a cover story on Salesforce.com and CEO-founder Marc Benioff, and he has served as a judge for the SIIA Codie Awards since 2005. In previous IT journalism, Chris was a founding editor of both IT Manager's Journal and DevX.com and was managing editor of Software Development magazine. His diverse resume also includes: sportswriter for the Los Angeles Daily News, covering NCAA and NBA basketball, television critic for the Palo Alto Times Tribune, and Sports Information Director at Stanford University. He has served as a correspondent for The Associated Press, covering Stanford and NCAA tournament basketball, since 1983. He has covered a number of major events, including the 1984 Democratic National Convention, a Presidential press conference at the White House in 1993, the Emmy Awards (three times), two Rose Bowls, the Fiesta Bowl, several NCAA men's and women's basketball tournaments, a Formula One Grand Prix auto race, a heavyweight boxing championship bout (Ali vs. Spinks, 1978), and the 1985 Super Bowl. A 1975 graduate of Pepperdine University in Malibu, Calif., Chris has won more than a dozen regional and national awards for his work. He and his wife, Rebecca, have four children and reside in Redwood City, Calif.Follow on Twitter: editingwhiz