What will happen with Doyenz after Acquisition?
Doyenz, the cloud based backup and disaster recovery company, has been acquired by Persistent Systems. The company, which hit the channel a couple years ago with a completely new solution to virtualize servers in the cloud for server redundancy, had been restructuring and scaling its business back through layoffs.
Key management changes last year may have been an indication of the acquisition to come. Doyenz had aligned itself early with Chartec to provide the cloud and virtualization engine for CharTec’s BDR (Backup and Disaster Recovery Appliance). It is not yet clear how this relationship will be affected in the future under new ownership but CharTec CEO, Alex Rogers had this to say, ”Doyenz now has a strong financial backing and additional resources to rapidly develop new leading disaster recovery services for the channel and we are really excited, for we already have new and better things in the works with them!”
Persistent Systems, the company which acquired Doyenz, is an India based company with offices in the US and globally. Persistent has some key relationships with companies such as Cisco, Microsoft, and Salesforce, and describes themselves as a software product and technology innovation company.
Plans for Doyenz under Persistent Systems have not yet been announced, though Doyenz’ work on rCloud ’12 for VMware Vsphere may have got their attention. With the development of Doyenz rCloud solution for VMware Vshphere, the company is promising a complete restore of the environment in 15 minutes or less. This has some great potential for selling into the enterprise space where Persistent may have better connections than Doyenz.
It is not yet known whether there will be further layoffs with the acquisition announcement or if Persistent will continue in the SMB channel. Current customers were notified via email of the acquisition. It will be a wait and see scenario for current customers.