Nexsan to acquire second generation ILM software

Nexsan Technologies, the pioneer of enterprise ATA/SATA based storage systems, has announced the signing of an agreement to acquire privately held Information Lifecycle Management (ILM) software provider, AESign Evertrust, in a cash and stock deal for an undisclosed sum.
The acquisition is scheduled to close at the end of the month. Nexsan will integrate Evertrust’s ILM, content addressed storage (CAS) and compliance capabilities into new systems level products that feature Nexsan’s award-winning storage systems. Nexsan will actively continue Evertrust’s OEM relationships with leading optical and tape system vendors.
The combination of Nexsan and Evertrust will enable Nexsan to offer an ILM appliance, including scalable low priced disk storage, as a single integrated system.
The new ILM product range will enable Nexsan’s corporate and governmental customers to meet their long-term disk archive, management, verification and disposition needs, as well as comply with the various rules and regulations governing record retention and destruction.
Steve Duplessie, Founder and Senior Analyst with The Enterprise Strategy Group, said: "Smarter storage isn't a ‘nice to have’, it's a ‘need to have’. If you want to play and win moving forward, you had better be offering storage that helps index, migrate, and manipulate data to put it in the best possible place for an applications' use.”
(CD/SP)