File data services provider Nasuni Corporation is staying keen on the UK scene with the acquisition of Surrey-based Storage Made Easy (SME).
Nasuni is headquartered in Boston, Massachusetts, with offices in North Carolina and London. The deal shows its great interest in the EMEA market. Also, in March it opened a new innovation centre in Cork, Ireland.
The financial details of the transaction are not being disclosed. SME was founded in 2009 and the file data management company offers remote work and compliance solutions for cloud file storage.
SME has some notable customers listed on its website. Names include Volvo, State Street, the UK government, Verizon, Cartier, Jaguar Land Rover and Arsenal Football Club.
According to the US firm, the acquisition will extend the Nasuni File Data Platform with capabilities that can address such matters as desktop synchronisation for offline access, VPN-less access to file data for remote and hybrid workers, and Microsoft Teams, Slack and Office 365 integration.
The Nasuni File Data Platform uses object storage from Azure, AWS and Google Cloud.
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Prior to the transaction, Nasuni and SME were already partnering to deliver the two companies’ integrated solutions to joint enterprise customers.
It appears jobs are safe as Jim Liddle, SME Founder & CEO, explains: “Joining Nasuni is a natural move, and the SME team is thrilled to join the company.”
Liddle will join Nasuni as Vice President of Product, File Fabric. SME has 33 employees listed on LinkedIn.
This is Nasuni’s second transaction within the last two months following a $60 million (£46 million) investment earlier in the year. It acquired Californian company DBM Cloud Systems last month for an undisclosed amount.
Nasuni sees itself as a cloud replacement for traditional network attached storage (NAS) and file server silos. Its name comes from NAS and ‘UNIfied’. The company provides services in over 70 countries. Customers on its site include McLaren and GSK.
The tech firm is aiming to tap into enterprises’ desires for cloud solutions to strengthen cyber resilience and support hybrid work models. In its funding announcement, Nasuni cited IDC, which forecasts cloud file services adoption will reach a five-year compound annual growth rate (CAGR) of 40% and be a $14 billion (£10.7 billion) market by 2025.
Nasuni is doing well as it reported “record-breaking” results from its fiscal year ending 31 December 2021.
