August 31, 2016 7:18 PM ET

Technology Hardware, Storage and Peripherals

Company Overview of Nexsan, Inc.

Company Overview

Nexsan, Inc. develops storage, back up, and data management solutions. The company offers high-density storage solutions; private cloud file sync and share appliances; archive storage solutions that allow enterprises to protect high-value data; and unified storage solutions. It provides its solutions for digital chain of custody and high performance computing requirements. The company also offers support services. It serves creative, design and build, surveillance, education, financial, healthcare, legal, media and entertainment, and public sectors through a network of cloud service providers, value-added resellers, and solution integrators worldwide. The company was founded in 2011 and is b...

2540 Mission College Boulevard

Santa Clara, CA 95054

United States

Founded in 2011

Phone:

408-724-9809

Fax:

408-454-4250

Key Executives for Nexsan, Inc.

Chief Executive Officer and Director
Age: 46
Co-Founder and Chief Technology Officer
Chief Financial Officer
Age: 54
Chief Operations Officer
Age: 51
Senior Director of APAC Sales
Compensation as of Fiscal Year 2016.

Nexsan, Inc. Key Developments

Nexsan Signs OEM Agreement with X-IO Technologies

Nexsan announced that it has signed a global OEM agreement with X-IO Technologies to integrate Nexsan's E60 storage array into X-IO's enterprise storage solution. This strategic agreement allows X-IO Technologies to offer customers a longer-term capacity tier in the solution based on Nexsan's ultra-reliable, high performance E-Series block storage system. The company noted that E-Series storage arrays and expansion units will be deployed with high density HDDs to optimize capacity, performance and cost. This versatile enterprise-class Storage Area Network or SAN solution helps handle the enormous data growth and high resiliency requirements in various sectors.

Connected Data, Inc., Imation Corp. - M&A Call

To discuss Imation Corp’s announcement on the company has acquired substantially all of the equity of Connected Data, Inc. in a transaction valued at approximately $7.5 million at closing and to discuss on executive appointments

Connected Data and immixGroup to Deliver Private Cloud File Sync and Share Solutions to Government Sector

Connected Data announced that the company has signed a new North American distributor agreement with immixGroup. Under terms of the agreement, the two companies will work together to deliver Connected Data's Transporter, private cloud file sync and share (FSS) solutions to local, state and federal institutions across the country. In doing so, these government agencies will be able to better protect, access and share their oftentimes highly confidential files, while eliminating the inherent risks of public cloud solutions, as well as the public cloud's escalating costs. As a private onsite device, Transporter delivers complete data control, allowing confidential information to be accessed and shared securely from anywhere in the world while data stays on premises and under agency control. Since each individual public agency must remain vigilant in how tax dollars are spent, the ability to eliminate the public clouds reoccurring fees and scaling the solution without fee escalation are a big plus. Protecting, accessing, and sharing confidential files creates challenges for government agencies of all sizes. Data loss or accidental exposure of confidential information can be disastrous-especially when dealing with public security and confidentiality. And, as public cloud storage fails to provide control over the location of data, and sits outside the firewalls, it consequently fails to meet many compliance regulations and guidelines. In addition to security and cost, the Transporter also improves storage efficiency. Connected Data's Transporter for Business was recently credited with saving 400 man hours per year for Yancey County, North Carolina, by delivering compliant access, sharing, and protection of critical files. In addition to significantly reducing the hours spent on IT support, the county quickly began enjoying greatly improved storage efficiency-as well as a boost in overall file access performance. While the Transporter is indeed a perfect fit to meet its requirements, the government sector requires a sophisticated understanding of how best to conduct business - an understanding that the immixGroup has mastered, together with a hard-earned and well-deserved level of trust.

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Recent Private Companies Transactions

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Date
Target
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October 14, 2015
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