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Nasuni Acquires Dbm Cloud Systems' Data Mobility Technology

May 03, 2022•about 3 years ago

Acquiring Company

Nasuni Corp

Acquired Company

Data Mobility Technology

BostonSoftwareInformation Technology

Description

Nasuni Corporation, a leading provider of file data services, today announced that it has acquired the technology and products of DBM Cloud Systems, Inc. Founded in 2016 by Dixon Doll, Jr., DBM delivers cloud-native data migration technology for hybrid and multi-cloud environments. The acquisition comes on the heels of a $60 million growth equity investment from Sixth Street in March. Dr. Joseph Slember, formerly DBM's vice president of engineering, has joined Nasuni as vice president of engineering, leading the data mobility team.

Company Information

Company

Nasuni Corp

Location

One Marina Park Drive

Boston, Massachusetts, United States

About

Nasuni provides modern cloud file services, powered by the world's only cloud-native global file system. Nasuni is a cloud replacement for traditional network attached storage (NAS) and file server silos, consolidating file data in easily expandable cloud object storage at a fraction of the cost. Nasuni also eliminates the need for complex legacy file backup and disaster recovery infrastructure, dramatically simplifying IT administration. Companies and organizations worldwide rely on Nasuni to easily access and share files globally from the office, home or on the road. Sectors served by Nasuni include manufacturing, construction, creative services, technology, pharmaceuticals, consumer goods, oil and gas, financial services, and public sector agencies. Nasuni's corporate headquarters is based in Boston, Massachusetts, USA delivering services in over 70 countries around the globe.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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