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SonicWall has acquired data backup solutions company Lasso Logic Inc. (Lasso) and the assets of enKoo, a developer of remote access technology
November 21, 2005
SUNNYVALE, Calif. -- SonicWALL, Inc. (NASDAQ:SNWL) a leading provider of security, mobility and productivity solutions, today announced that it has acquired data backup solutions company Lasso Logic, Inc. (Lasso) and the assets of enKoo, a developer of remote access technology.
San Francisco-based Lasso is an early-stage company providing continuous data protection for backup and recovery solutions, for the small and medium business (SMB) market. Lasso's tapeless, hands-free, appliance-based technology redefines the traditional approach to data backup and eliminates the need to purchase separate backup software, hardware, servers and storage products. enKoo, based in San Jose, Calif., brings to SonicWALL a wealth of award-winning, secure remote access technology for SMBs.
Today's move underscores SonicWALL's commitment to creating profitable opportunities for its channel partners by offering them an integrated portfolio of affordable alternatives to complex, expensive technology. SonicWALL's global network of reseller partners will now benefit from the ability to sell an end-to-end data protection suite from a single supplier that understands the unique requirements of SMBs.
With these acquisitions, SonicWALL is able to address the growing channel and end user demand for simple and affordable remote access, for secure backup that avoids the complexity and inefficiency of tape, and for easy recovery of data in the event of disasters. The acquisitions provide SonicWALL with a strong entry point to the growing data protection segment and extend its remote access capabilities with an award-winning feature set.
"Small and medium-sized businesses share a number of key concerns about their data: they want to know that their information is safe; they want to access it whenever they need to; and they want assurance that only authorized individuals can access it," said Matthew Medeiros, president and chief executive officer of SonicWALL.
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