| By Marketwire . | Article Rating: |
|
| July 2, 2009 02:38 PM EDT |
SIMI VALLEY, CA -- (Marketwire) -- 07/02/09 -- NovaStor's management has joined a group of investors to assume majority ownership of all NovaStor companies from Novavisions AG.
Within the framework of the transaction, the management team will share majority ownership of all NovaStor companies with an investor group. Novavisions will remain an important minority shareholder.
This management and investor acquisition of majority ownership underscores a belief that NovaStor has a bright future and is well-positioned in the global market for data protection.
No strategic changes are planned as a result of the transaction. Under the direction of Stefan Utzinger, CEO, and Mike Andrews, Managing Director USA, the company's strengths will be further enhanced, and market opportunities will be identified and targeted faster.
Quality and reliability remain the key focus of any further development. At the same time, NovaStor intends to continue to distinguish itself from competition by maintaining its excellent personal service.
About NovaStor
NovaStor is a leading international provider of software solutions for data backup and data protection. NovaStor develops software, SaaS solutions and services for local and online backup, restore and retention of business-critical data. Clients include home, mobile, and SMB users, service providers as well as international corporates. NovaStor's cost-effective solutions are platform- and hardware-independent and ensure that optimal technological and economical use is gained from the customer's existing and future IT environment. NovaStor is headquartered in Switzerland (Rotkreuz), has offices in Germany (Hamburg) and the USA (Simi Valley), and is represented in numerous other countries through partnerships.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact Information
NovaStor
Mike Andrews
80-B West Cochran Street
Simi Valley, CA 93065, USA
Tel.: +1 805 579 6700
Fax: +1 805 579 6710
E-Mail: mike.andrews@novastor.com
Published July 2, 2009
Copyright © 2009 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By Marketwire .
Copyright © 2009 Marketwire. All rights reserved. All the news releases provided by Market Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.
- Typhoon Ondoy (Ketsana) and Floods Hit the Philippines
- RIM Launches BlackBerry Desktop Manager for Mac Users
- Confessions of a Ulitzer Addict
- VIP Invitation For the GovIT Expo Keynote October 6 in Washington DC
- Build Reliability into Cloud Computing for SMBs
- Unisys Provides Mobile Support
- Is AT&T Apple's Achilles Heel?
- Ipadio’s iPhone App Makes Mobile Broadcasting and Audio Blogging a Breeze
- GITEX TECHNOLOGY WEEK 2009 Exhibitor Profiles
- If They Don’t Throw Chairs Maybe You’re Not THAT Important
- iPhone OS 3.0 Hits the Streets Today
- Adobe Flash Media Server on iPhone
- Ellison at JavaOne: Myths About JavaFX, Android, and J2ME
- Typhoon Ondoy (Ketsana) and Floods Hit the Philippines
- RIM Introduces New BlackBerry Tools for Web Developers
- PR Is Dead...Long Live PR
- Forget Cloud Computing, Let's Talk About Ed Zander
- RIM Launches BlackBerry Desktop Manager for Mac Users
- Appcelerator Titanium for Native iPhone and Android Applications
- What To Do About iPhone Security Concerns
- Where Are RIA Technologies Headed in 2008?
- i-Technology Viewpoint: Should RIM BlackBerries Be Rented?
- Trump's Apprentice Runner-Up Rebecca Jarvis Has $150,000 Job Offer From SYS-CON Media
- Has the Technology Bounceback Begun?
- Microsoft and Sprint Collaborate on Mobile Search
- "Mobile Web 2.0" – How Web 2.0 Impacts Mobility & Digital Convergence
- Ringback Tones
- Mobile Music Gets Boost From New W600 "Walkman Phone"
- i-Technology Blog: Zero-Cost Telephony, the 6-Ton Elephant in the Telco Room
- Alcatel + Microsoft = Internet TV Over IP, a.k.a. "IPTV," Coming Soon To a PC or TV Near You



































