Online Tech, an Ann Arbor-based provider of secure, compliant private, hybrid and multi-cloud solutions, today announced it has acquired the Infrastructure as a Service and data protection assets and products of Neverfail, including its five cloud nodes and assets in North America, Europe, and Asia-Pacific. Details of the transaction were not disclosed.
The acquisition increases Online Tech’s geographic reach and its ability to serve direct customers while adding tens of thousands of new end users through extensive channel programs. Neverfail supports IT by providing continuous availability to applications, data, and infrastructure.
“The Neverfail acquisition is an exciting step in Online Tech’s journey of growth. It demonstrates both the commitment and capabilities we have to enable business transformation and the modernization of critical infrastructure around the globe,” says Brad Cheedle, CEO of Online Tech. “With our latest announcement, we are better positioned than ever to earn our place as one of the most respected cloud providers in the world.”
As part of the transaction, Online Tech will become Neverfail’s preferred cloud provider for their software solutions. Neverfail will focus exclusively on software while partnering with Online Tech to provide the cloud infrastructure for compliant sensitive customers.
Online Tech will also now offer expanded managed services for existing customers and resellers that complement their current cloud, collocation, disaster recovery, and security solutions.
Neverfail customers will have access to Online Tech’s OT Portal, allowing for visibility across their entire IT environments.
This is the second cloud acquisition in 2018 for Indiana’s Schurz Communications, the parent company of Online Tech.
“Online Tech was a clear choice when we sought a partner to meet our valued customers’ infrastructure needs moving forward,” says Brian Hierholzer, CEO at Neverfail. “Our software offerings layered atop their resilient and high performing cloud solutions are a winning combination we are confident customers will appreciate.”