It’s becoming a tradition: Hornetsecurity is off to a flying start in the new year, announcing another successfully completed acquisition. With this announcement, Hornetsecurity takes over 100% of the shares of Altaro, the fast-growing international provider of backup solutions.
After acquiring Spamina, the Spanish market leader for cloud email security solutions in January 2019 and EveryCloud, the British market partner, at the beginning of 2020; Hornetsecurity is now delivering a new product segment that complements its services—reliable backup solutions.
This makes Hornetsecurity the European solution to security and compliance issues in the Microsoft 365 environment.
Altaro management remains on board
“All Altaro founders remain on board and are being given new roles within the Hornetsecurity Group. The existing international locations will be expanded in the coming years to provide our partners with new products and solutions even faster,” emphasizes Daniel Hofmann, CEO of Hornetsecurity.
“Our goal is to provide all organisations with a complete security and compliance solution for their use of cloud technologies. By integrating Altaro’s backup solutions into Hornetsecurity’s email cloud security product portfolio, we complete the comprehensive security package puzzle.”
David Vella, CEO of Altaro, added: “We have found exactly the right strategic buyer in Hornetsecurity and are delighted to become part of the group. The synergies between the two companies are obvious, and with the combination of know-how and experience as well as the innovative combination of products, Hornetsecurity’s European market leadership in cloud security reaches a new level.“
„MSP’s and IT outsourcers are rapidly expanding their cloud architectures and services. With the acquisition of Altaro, we are not only expanding our security services for M365, but also responding to our channel’s growing need for Hyper-V and VMware backup solutions,” explains Daniel Blank, COO of Hornetsecurity.
„Altaro’s 100% commitment to the channel, partners clear respect of their technical support along with the excellent quality of the product, were key factors in our decision.
Our international channel marketing will be comprehensively strengthened with the acquisition and experienced employees will also come on board in channel sales. Together, we will strengthen and expand our partner networks, which will further boost growth of the entire Hornetsecurity Group.“
Altaro is a high-growth developer of reliable backup solutions for managed service providers (MSPs), IT resellers and enterprises. The company has over 50,000 customers in 121 countries around the world, 10,000 partners and over 2,000 MSPs. Altaro offers cost-effective and professional features without unnecessary aspects that add costs or excessive complexity. The flagship product is the backup solution for virtualized environments Altaro VM Backup. It is becoming increasingly popular and is the first choice for Hyper-V and VMware backups and replications. Altaro Office 365 Backup is a subscription solution for backing up and restoring Office 365 mailboxes. Both products are also available as monthly subscription programs for MSPs. A backup solution for physical Windows servers is also available. Altaro has offices in the U.S., U.K., Germany, France, northern Macedonia and Malta.
For further information visit altaro.com