Announced
Completed
Financials
Sources
Tags
United Kingdom
Information / Data Services
Completed
data analytics
Private
Acquisition
Synopsis
Mimecast, an international company specializing in cloud-based email management for Microsoft Exchange and Microsoft Office 365, acquired Simply Migrate, a London-based provider of archive data migration technology. Financial terms were not disclosed. “Legacy archiving systems are outdated and unable to handle growth and ever-changing demands of a modern enterprise. Many organizations struggle with the ballooning email storage volumes alongside other unstructured data types, coupled with the cost and management burdens of storing it on-premises,” said Peter Bauer, chief executive officer at Mimecast. “With the acquisition of Simply Migrate, customers can reap the benefits of the Mimecast Cloud Archive, which was recently named a Leader in the Gartner Magic Quadrant for Enterprise Information Archiving for the fourth year in a row. The technology Simply Migrate offers is engineered to provide end-to-end migration into the Mimecast Cloud Archive, helping to cut costs and operational complexity while achieving a superior result with more flexible access to data, case management, supervision and more.”
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