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Thursday, Jul 18, 2024

NovaStor Sells Backup Service

Data protection provider NovaStor has sold its offsite backup service business to its longtime partner Data Storage Corp. Terms of the deal were not disclosed. NovaStor is based in Simi Valley. NovaStor customers using the offsite backup service will immediately transfer over to Date Storage. NovaStor will make itself available during the transition. The sale of the backup business allows NovaStor to focus on its core business and to remove the perception of competing in the backup market with its partners. Data Storage has demonstrated professionalism, skill and product knowledge that makes NovaStor confident the company was the right one to take over the offsite backup service, said Mike Andrews, Managing Director US at NovaStor. Mark R. Madler

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