Symantec Acquires Online Storage Company, Swapdrive

Symantec has made another move in the managed storage market, acquiring Swapdrive. The deal pushes Symantec deeper into online storage, where the company already offers the Symantec Protection Network (SPN).

While SPN is a software as a service (SaaS) option for VARs and MSPs, Swapdrive targets consumers.

Symantec-Swapdrive is the fifth deal added this month to our MSPmentor M&A Tracker, which charts MSP- and SaaS-oriented mergers, acquisitions and investments. Here’s a bit more about Swapdrive. Read More >

Will Managed Storage Providers Emulate HP?

If you’re wondering how managed storage services will evolve in the business market, perhaps you should keep an eye on the customer industry. There, Hewlett-Packard and a bunch of start-ups are launching online storage services that promote simple file access and file sharing.

Here’s a look at how the consumer managed storage market is evolving, and how it may soon impact the small business market. Read More >

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