StorMagic Acquires SoleraTec Technology
March 30, 2021
StorMagic has completed an asset purchase of SoleraTec, adding the ARQvault video surveillance and digital evidence management product line to its portfolio. The acquisition expands StorMagic's edge-to-core storage and security offerings by adding active intelligent repository capabilities for tiered storage and searchable long-term retention.
- Buyers
- StorMagic
- Targets
- SoleraTec
- Sellers
- SoleraTec
- Industry
- Software
- Location
- United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Arcserve Acquires StorageCraft (Merger Completed)
March 17, 2021
Cybersecurity
Arcserve announced regulatory approval and completion of its merger with StorageCraft, creating a combined global data management and protection vendor. The merger expands Arcserve's product portfolio and global reach to provide integrated backup, disaster recovery, and ransomware protection solutions to channel partners and customers.
-
StorMagic Acquires KeyNexus
April 7, 2020
Cybersecurity
StorMagic acquired KeyNexus, a Victoria, British Columbia–based developer of encryption key management solutions, and integrated its technology into StorMagic’s newly launched SvKMS key management product. The acquisition broadens StorMagic’s portfolio from edge storage into security, doubling its addressable market and bringing KeyNexus founder Jeff MacMillan into StorMagic as CTO.
-
Solotech Acquires XR Studios
December 17, 2021
Media & Entertainment
Solotech, a global audiovisual and entertainment technology company, has acquired XR Studios, a Los Angeles–based extended reality and virtual production agency. XR Studios will continue to operate as a separate brand and join Solotech's new Media and Entertainment Technology (MET) Division to expand Solotech's virtual production, XR and live-streaming capabilities. The deal is supported by Solotech's shareholders Claridge, Desjardins Capital and Investissement Québec.
-
IT Lab Acquires Sol-Tec
March 13, 2020
IT Services
IT Lab, an ECI Partners portfolio company, has acquired Sol-Tec, a UK-based Microsoft Azure specialist. The undisclosed transaction strengthens IT Lab's Azure capability and further builds its Microsoft-focused cloud services and managed services offering.
-
Bridges Fund Management Acquires Majority Stake in Storetec
November 9, 2022
Professional Services
Bridges Fund Management has acquired a majority stake in Storetec, a Hull-based document digitisation, archive storage and cloud document management provider. The investment from Bridges' Sustainable Growth Funds will support Storetec's product and service expansion, strengthen its impact and ESG practices, and accelerate growth across the U.K. and into new markets.
-
BuildTec Software Group Acquires SORBA EDV AG
August 26, 2024
Software
BuildTec Software Group, a European construction-software platform backed by funds advised by BU Bregal Unternehmerkapital (and supported by VIA Equity), has acquired SORBA EDV AG, a St. Gallen–based provider of modular construction ERP software. The deal adds SORBA’s roughly 80+ employees and more than 2,500 Swiss construction customers to the BuildTec platform and is intended to accelerate growth and cross-border expansion in Switzerland and the wider DACH region.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.