Rocket Acquires Arkivio Assets
Award-winning software to be incorporated into Rocket's storage unit
January 9, 2008
NEWTON, Mass. -- Rocket Software (www.rs.com), a Boston-based developer of Enterprise Infrastructure products, today announced that it has acquired the software assets of Arkivio, Inc. (www.arkivio.com), an award-winning developer of storage products based in Mountain View, California. Both companies are privately held. Under terms of the agreement, Rocket will continue to develop and support Arkivio software as part of its storage unit, which also includes Austin-based Servergraph (www.servergraph.com) and Seattle-based Mainstar (www.mainstar.com). Arkivio's development, support and sales teams will continue to work as part of Rocket and will be managed by Giovanni Paliska, who is currently president and CEO of Arkivio.
Arkivio, a leading provider of information lifecycle management (ILM) solutions for enterprise customers, offers software for data archiving and retention, regulatory compliance, storage consolidation, backup and recovery optimization, and capacity management across a tiered-storage infrastructure. According to Rocket CEO Andy Youniss, Adding Arkivio's world class software to our product mix is an important step for us as we continue to expand our storage offering. This is really a perfect fit for us, and we look forward to working with Arkivio's customers and partners."
"We are excited to have the opportunity to improve our ability to meet our customers' needs,” said Giovanni Paliska, president and CEO of Arkivio. "By incorporating our software into Rocket's storage unit, we will be able to take advantage of their broad suite of products and augment our position in the marketplace.”
Rocket Software Inc.
Arkivio Inc.
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