BakBone bulks out with Asempra buy

Data protection vendor claims acquisition will broaden its portfolio

Integrated data protection vendor BakBone Software has acquired certain assets from privately held Asempra Technologies, to broaden its portfolio.

Based in Santa Clara, California, Asempra develops real-time data protection and recovery tools for Windows applications and file system data.

Under the terms of the agreement, BakBone will issue 3,846,154 common shares and will pay a cash consideration of about $350,000 (£232,000), plus accrued royalties.

Jim Johnson, president and chief executive officer of BakBone, said: “A key growth strategy of our company is to offer customers a broad portfolio of product and service offerings.

“This acquisition represents an execution of our stated integrated data protection strategy and helps build on our position as a leading provider of data protection solutions that improve overall performance and reduce operational costs.”

Johnson said BakBone’s data protection platform, when combined with Asempra’s Any Point-In-Time technology for Exchange and SQL Servers, as well as Windows file systems, provides customers with cost-effective tools to enhance their current data protection strategies.