Managed Cloud and Security Enterprise Performance Partner CSI Group has strengthened its cloud services offering with the acquisition of Tectrade, a provider of data protection and risk management solutions.
The acquisition will enable it to offer clients advanced data protection capabilities and allow the Group to expand into the US, where Tectrade has a New York office.
Simon Payne, CEO of CSI Group, said: “Tectrade is a strong and strategic acquisition for us, providing additional depth of expertise in data protection which will deliver significant benefit to our clients. It also offers us the exciting prospect of expanding our services into the USA, which I’m delighted to announce Alex Fagioli, CEO of Tectrade, will head up.”
He added: “CSI is committed to helping companies move their critical business applications and data to the cloud, and the investment we are making in Tectrade will extend our ability in this arena.”
Based in Godalming, Surrey, Tectrade protects, recovers, manages, stores and secures petabytes of data for organisations around the world. It is an IBM Platinum Business Partner for Data Protection, Dell EMC Gold Partner, NetApp Gold Partner and Microsoft Cloud Partner and last year had a turnover of £31.2 million.