StorCentric Acquires Retrospect

StorCentric, Inc., parent company of Drobo and Nexsan,  acquired privately-owned backup software company, Retrospect, Inc., provider of backup and recovery tools for consumers, professionals and SMBs.

Under terms of the agreement, Retrospect will operate as an independent, wholly-owned subsidiary of StorCentric.

It provides backup and recovery software and enables over 500,000 customers in over 100 countries to recover from accidents, hardware failure, theft, and disaster.

Retrospect Backup supports both consumers and SMBs with a range of backup and recovery capabilities. These include a selection of platform support for servers, endpoints, and virtual environments, as well as integration with over twenty cloud storage providers, including Amazon S3, Google Cloud Storage, and Dropbox. Retrospect Backup protects data for customers as diverse as individual professionals to NASA’s Hubble Space Telescope.

Focus on Customer
The acquisition places StorCentric in a strong position to offer customers a complete and comprehensive storage solution. Professionals and SMBs using Drobo storage products will now be able to seamlessly add another layer of data protection and integrate with off-site cloud solutions with cross platform support including Windows, Mac, Linux, VMware, and Hyper -V.

Mihir Shah, CEO at StorCentric, commented: “At StorCentric, we are focused on providing solutions to protect our customers’ digital information, and with this acquisition, we can now offer unrivaled backup and recovery solutions. Retrospect has an impressive reputation in the market with a loyal base of over 500,000 customers, which is a testament to the quality of their products.”

“For 30 years, Retrospect has helped millions of professionals and businesses protect their data,” said JG Heithcock, co-founder and CEO, Retrospect. “We’re very pleased to join the StorCentric family, providing StorCentric customers with a complete storage solution with built-in data protection. The StorCentric brands have a long history of technical innovation, and Retrospect is the next step toward building a market-leading storage solutions company.”

StorCentric Continues to Execute on Growth Strategy
Through Third Acquisition
StorCentric acquired Drobo and Nexsan in August of 2018 to provide a portfolio of storage solutions with a broad product line. Both companies have a history of storage innovation with a focus on efficiency, ease of use and quality products.

“We laid out our strategy for StorCentric to unify exceptional technology and create a world-class storage company. This third acquisition not only highlights the execution of our strategy, but also our unrelenting commitment to protect our customer’s digital information. We will continue to grow both organically and through further acquisitions,” said Shah.

The three brands under StorCentric offer a product portfolio with hardware and software storage products, IP, and talent focused on helping customers scale their businesses while accessing, backing up and archiving critical data. The firm now has a combined record of 1 million customers, 60 years of storage expertise and a focus on the media and entertainment, education, government and healthcare verticals.