Asigra Congratulates Backup Technology Limited on Iomart Acquisition

Backup Services Leader Achieves Key Success Milestone
TORONTO – October 9, 2013 - Asigra Inc., a leading cloud backup, recovery and restore software provider since 1986 today extended accolades to longtime partner, Backup Technology Limited (BTL). The UK-based cloud backup and disaster recovery service provider, a high-growth market player with a portfolio of 200 enterprise clients, was recently acquired by Iomart, the UK’s leading cloud computing company.
In a deal reported to be £23 million, data hosting firm Iomart has agreed to acquire disaster recovery specialist BTL. The company was acquired for its “ground breaking progress in the delivery of cloud backup and disaster recovery,” according to Angus MacSween, CEO of Iomart.  Focusing on enterprise cloud backup, disaster recovery and business continuity services, BTL’s client base includes Siemens, WPP, British Red Cross, Lloyds Register, Suzuki and other multi-national organizations.
“We are excited with the recent developments and look forward to working with the team at Iomart,” said David Farajun, Founder and CEO, Asigra. “As longstanding partners our relationship with BTL has been built on mutual respect and a similar vision to bring advanced data protection services to organizations worldwide. We applaud the achievements they have made and reaffirm our commitment to the company as it grows its footprint in the enterprise space.”
According to Market Monitor, a service of 451 Research, “Cloud market revenue will increase at a 36% compound annual growth rate (CAGR), putting the cloud computing market just shy of $20 billion at the end of 2016…Cloud computing is on the upswing and demand for public cloud services remains strong in terms of workloads and applications being run in the cloud."
Founded in 2005, Backup Technology has become a world leader in the areas of online backup, disaster recovery and business continuity, with an international customer base from a wide range of sectors. Backup Technology is now part of iomart Group plc, one of Europe’s leading providers of cloud services and managed hosting, which owns and manages a large network of UK data centers.
To learn more about Asigra, visit: www.asigra.com
To learn more about Backup Technology visit: www.backup-technology.com
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