Menu
Plan B acquires Auckland-based cloud recovery provider

Plan B acquires Auckland-based cloud recovery provider

Ian Forrester, MD of Plan B said that the firm does not intend to sell any new DRG services moving forward.

Business continuity provider Plan B has reached an agreement to acquire the business and assets of Auckland-based private cloud backup and recovery provider Disaster Recovery Group (DRG), effective 1 April 2014.

The value of the deal was not disclosed.

Ian Forrester, MD of Plan B assured that all DRG employees have been offered contracts, though they are in the process of working through final details with each person, and there are no redundancies expected as of this time.

“Initially the existing DRG customers will remain as DRG customers, but the medium future of the brand is yet to be decided. At this point we do not intend to sell any new DRG services moving forward,” said Forrester.

Plan B expects to add around 30 to 40 customers from the DRG acquisition “depending on whether we choose not to assign certain contracts at renewal.”

According to Plan B, the acquisition is a complimentary bolt-on to existing private cloud backup and replication business and is part of a wider acquisition strategy following a period of significant growth in the cloud services business over the past few years.

“The acquisition will add potential future opportunities that we will be in a position to discuss in the next few months,” added Forrester.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags disaster recoverystoragePlan Bcloud backupbusines continuityclod solutionsDisaster Recovery Group

Events

Featured

Slideshows

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

This year’s Reseller News 30 Under 30 Tech Awards were held as an integral part of the first entirely virtual Emerging Leaders​ forum, an annual event dedicated to identifying, educating and showcasing the New Zealand technology market’s rising stars. The 30 Under 30 Tech Awards 2020 recognised the outstanding achievements and business excellence of 30 talented individuals​, across both young leaders and those just starting out. In this slideshow, Reseller News honours this year's winners and captures their thoughts about how their ideas of leadership have changed over time.​

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners
Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

This exclusive Reseller News Exchange event in Auckland explored the challenges facing the partner community on the cloud security frontier, as well as market trends, customer priorities and how the channel can capitalise on the opportunities available. In association with Arrow, Bitdefender, Exclusive Networks, Fortinet and Palo Alto Networks. Photos by Gino Demeer.

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security
Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomed 2019 inductees - Leanne Buer, Ross Jenkins and Terry Dunn - to the fourth running of the Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed the changing face of the IT channel ecosystem in New Zealand and what it means to be a Reseller News Hall of Fame inductee. Photos by Gino Demeer.

Reseller News welcomes industry figures at 2020 Hall of Fame lunch
Show Comments