Otava, a global leader in custom and compliant hybrid cloud solutions, has acquired cloud services provider NewCloud Networks. The acquisition bolsters Otava’s solutions portfolio, adds a nationwide 10Gb network and adds to Otava’s geographic footprint for a total of 18 cloud nodes available worldwide.
The deal also increases Otava’s employee count by approximately a third, and brings a growing base of enterprise and channel customers.
As a result of the acquisition, Otava gains a robust product portfolio that includes security services, cloud backup, disaster recovery, remote desktop, production cloud, and a comprehensive managed security toolset.
NewCloud has enabled an on-demand webstore making it easy for customers to purchase solutions online via a convenient storefront. In addition, the company provides Desktop as a Service (DaaS) solutions that ensure secure management o today’s distributed workforce environments.
NewCloud’s diverse, ultra-low latency network connects an additional 10 cloud locations across the United States and Europe, improving service availability and performance for all clients. The combined organization will have points of presence in Ann Arbor & Flint, Michigan; Atlanta; Austin, Texas; Cleveland; Dallas; Denver; Indianapolis; Las Vegas; Los Angeles; New York; Phoenix; Santa Barbara, California; and Washington DC, as well as Dusseldorf and Frankfurt, Germany and Manchester, United Kingdom.
Otava’s high-touch consultative service coupled with pre-configured architectures, all of which are available to order online, make the cloud journey simple, straightforward, and manageable.
For the remainder of 2021 NewCloud Networks and the NewCloud brand will operate independently as “NewCloud, an Otava Company” under Otava’s parent company, Schurz Communications. This approach will ensure continuity with its existing support and services, and a dedicated focus on each customer and partner relationship through this transition.
All current and prospective customers will have full access to the combined product offerings of both companies effective immediately.
Franklin Court Partners acted as the financial advisor for NewCloud. Terms of the deal were not disclosed.