Carbonite, a Boston-based provider of cloud backup services, announced this week that it is acquiring German email archival specialist MailStore. The deal is valued at nearly $20 million.
According to the companies, the firm's flagship offering, MailStore Server, is used by more than 22,000 businesses to archive and secure emails. Integrated search and indexing capabilities allow users to search for email content, including attachments.
MailStore's cloud-aware platform supports online services including Office 365 and Gmail, as well as IMAP and POP3 email servers, Exchange and Personal Storage Table (.pst) files. A Service Provider Edition of the software was released this year.
"Since its founding, MailStore has been focused on developing enterprise-grade solutions tailored to the needs of small and midsize businesses," said MailStore co-founder Tim Berger. "We're excited to join Carbonite as they embrace a similar philosophy and define what business continuity means for SMBs."
In a blog post, Carbonite's new CEO, Mohamad Ali, said the deal was motivated, in part, by growing demand for secure email archiving solutions that meet regulatory requirements like the Health Insurance Portability and Accountability Act (HIPAA) in the U.S., Data Protection Act 1998 in the U.K. and GDPdU in Germany.
"From a technology perspective, we’re excited that MailStore provides the ability to protect information that originates in the cloud, and we're also planning to integrate MailStore's robust full-text search and indexing capabilities into our product suite," said the former HP Chief Strategy Officer. MailStore's fast, self-service "search technology and easy-to-use interface allows users to search and find important information without the need for IT assistance," said Ali in a statement.
Other reasons include "a strong presence in Germany – where we recently opened a new office; a shared mission of serving the needs of small and midsize businesses; that both companies have experienced rapid growth; and two teams that are committed to providing powerful yet simple solutions that protect digital assets, both in the cloud and locally," Ali said.
In a separate blog post, Berger revealed that he "will continue to lead the MailStore business operations." Those operations will be branded as "MailStore – a Carbonite Company," he stated.
"Carbonite will be focused on expanding their suite of continuity solutions for businesses, including backup and recovery, and MailStore will continue to focus on email archiving," stated Berger.
Pedro Hernandez is a contributing editor at InfoStor. Follow him on Twitter @ecoINSITE.
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