Nexsan Exceeds First Quarter Revenue Target

Nexsan, Inc. surpassed its 1Q earnings target.

After being acquired by Serene Investment Management LLC, Serene’s ownership has quickly steered Nexsan back into a stage of growth, innovation, and profitability.

Under this ownership, Serene Investment Management first order of business was to bring in experienced technology leaders to foster a new era of growth and deliver on the ownership’s vision of continued high-quality product innovation, delivery, and customer satisfaction. One of those experienced technology leaders is Nexsan’s new CEO, Dan Shimmerman, who has a track record of success in delivering strategic vision, execution, and value for all stakeholders in enterprise technology.

“The future is incredibly bright for all of Nexsan which includes our loyal customers and partners,” he explains. “Serene’s ownership is committed to investing in the business and fueling continuous growth. We’ve been given the vital capital we need to continue to innovate and deliver the highly-reliable, cost-effective storage solutions that have been exceeding specific and crucial business demands for over 20 years.“

As part of the acquisition earlier this year, Serene retained key employees and leaders to ensure BC and deliver on Nexsan’s commitment to a customer support experience. Throughout the acquisition and restructuring, it has been steadfastly committed to maintaining Nexsan’s high level of customer support which includes the support team’s global coverage and footprint.

In the interim, Nexsan negotiated strategic alliance agreements with their global partner network to stabilize supply chains and kick-start its continued service to all end customers and vendors.

Earlier in the month of April, Nexsan also attended the NAB (National Association of Broadcasters) show in Las Vegas, NV to showcase its marquee SAN and file storage product line that includes E-Series, Unity, and the developments on its Assureon Data Vault.