ENGLAND: alwaysON Group Ltd and Data Continuity Group Ltd (DCG) have reached an agreement to combine creating an organisation with above £8.5 million pa of IT managed services and cloud applications revenues.
As a chunk of the transaction Foresight Group VCT Funds is making a significant investment to accelerate product development and to buttress the balance sheet of the combined Company, and is looking to support further procurements meant for the Group. Foresight is a significant investor in both the Enterprises and expedited the merger to produce from its quarter a Group with increased scale but also with the competence of investing further in service and product developments.
Martin Peck will shoulder the role of Chairman of the combined Group and the executive team at DCG, Alan Back (Managing Director), Neil Hewer (Services Director) & Charlotte Histed (Financial Controller), will be appointed to the Board of the Group Holding Company.
alwaysON delivers a full range of data communications, voice and unified communications applications and has its own managed MPLS network and telecommunications backbone. alwaysON is an award winning provider of private cloud based applications including Microsoft Exchange, Microsoft Dynamics CRM and full enterprise enabled Microsoft Lync Unified Communications solutions, all of which will integrate very well with DCG’s secure private cloud data protection offerings.
DCG affords a new-fangled range of data management and protection services, including storage management; data backup and archiving, replication and virtual disaster recovery. DCG is a primary cloud based data protection service provider using Symantec and EVault technologies and has its own cloud infrastructure which it will integrate with alwaysON’s environment.