Otava, a leader in custom and compliant hybrid cloud solutions in Ann Arbor, today announced it has acquired NewCloud Networks, a cloud services provider based in Colorado.
The deal adds a nationwide 10-gigabyte network, and brings the number of cloud nodes in Otava’s network to 18 worldwide. Terms of the deal were not disclosed.
“NewCloud is a trusted provider and top industry partner for secure and compliant cloud-based business solutions,” says Brad Cheedle, CEO of Otava. “This is our third acquisition in less than four years, furthering our mission to consolidate best of breed cloud providers with a hyper focus on investing in the right people, tools, and processes to deliver exceptional experiences for our partners and customers.”
Otava gains a product portfolio from NewCloud that includes security services, cloud backup, disaster recovery, remote desktop, production cloud, and a comprehensive managed security toolset. It also provides Desktop as a Service (DaaS) solutions that ensure the management of distributed workforce environments. All NewCloud’s solutions can be purchased through its webstore.
NewCloud’s diverse, ultra-low latency network connects an additional 10 cloud locations across the U.S. and Europe, improving service availability and performance for all clients. The combined company will have points of presence in Denver, Phoenix, Dallas, Santa Barbara, Los Angeles, Cleveland, New York, Atlanta, Indianapolis, Ann Arbor, Flint, Las Vegas, Austin, Washington, D.C., as well as Frankfurt and Dusseldorf, Germany and Manchester, United Kingdom.
“The ability to secure IT environments is one of the greatest challenges facing organizations today,” says Phil Shih, managing director at industry analyst firm Structure Research. “The combination of NewCloud, one of the top Veeam data protection partners, and Otava with its secure and compliant Gen3 Cloud Platform, is powerful in this space.
“Customers will benefit not only from an advanced hybrid cloud hosting solution, but also from the complementary, easy to integrate business continuity and security services that protect their businesses.”
The acquisition increases Otava’s employee count by approximately a third. For the remainder of 2021, NewCloud Networks will operate independently as ‘NewCloud, and Otava Company’ under Otava’s parent company Schurz Communications. All current and prospective customers will have full access to the combined product offerings effective immediately.
“It is great when like-minded organizations like NewCloud and Otava come together,” says Sam V. Kumar, president and CEO of NewCloud Networks. “This is more than just a transaction for NewCloud. We trust Otava as a leader that is taking the right steps toward the future to provide businesses with the breadth of solutions and level of support that is unmatched in the industry.”