Acquisition brings new offerings to MSPs, kicking off with Kaseya Office 365 Backup amidst Microsoft Office 365’s record-breaking growth to 120 million subscribers
AMSTERDAM — KASEYA CONNECT EUROPE — Oct. 1, 2018 — Kaseya®, the leading provider of complete IT infrastructure management solutions for managed service providers (MSPs) and internal IT organizations, today announced the acquisition of Spanning Cloud Apps, the leading provider of SaaS data protection. Founded in 2010, Spanning has more than 10,000 active MSP and enterprise customers worldwide, 50 percent year-over-year growth, and in 2017, the company’s solutions backed up more than 110 billion items. Spanning will retain its headquarters in Austin, Texas and will operate as a stand-alone, independent business-unit under Kaseya.
Kaseya’s thriving M&A strategy ensures that each new acquisition culminates with a fully integrated solution set that further strengthens the Kaseya IT Complete platform to reinforce the success of both MSPs and the enterprise. With the announcement of this acquisition, Kaseya introduces a new, fully integrated solution, Kaseya Office 365 Backup powered by Spanning. The offering allows Kaseya users to provide a full and comprehensive backup and disaster recovery solution for Microsoft Office 365. This offering also enables MSPs to create additional revenue streams related to their customers’ need to backup and secure their Office 365 environments.
Now a part of the Kaseya Unified Backup Suite, Kaseya Office 365 Backup fully integrates with the Kaseya IT Complete platform and is available as an integrated module within VSA by Kaseya, the company’s award-winning remote monitoring and management solution. The offering provides a single, unified solution designed from the ground up to empower Kaseya users to fulfill their Office 365 backup needs.
“We are very excited about this acquisition and what it means for our customers,” said Fred Voccola, CEO of Kaseya. “We continue our work to help MSPs grow at rates two times that of the industry, and our acquisition of Spanning brings yet another tangible way that MSPs can profit from the industry growth of platforms like Microsoft Office 365. Powered by Spanning, Kaseya stands alone as the most complete Office 365 backup solution available in the market – hands-down. Our community of MSPs and IT users can immediately take advantage of our Kaseya IT Complete platform to expand their data protection capabilities and differentiate their cloud services, all while generating additional revenue from their existing Office 365 business.”
Office 365 continues a position of dominance as the undisputed leader in the Productivity and Business Process segment, and has become a ubiquitous IT asset for businesses of all sizes, fueling demand for reliable data protection. Powered by Spanning’s industry-leading backup and recovery technologies for SaaS applications, Kaseya Office 365 Backup helps MSPs seamlessly backup and recover the most critical business data for both their own businesses and those of their customers. Kaseya users will get a first look at the product this week during the company’s annual European user conference, Kaseya Connect Europe, in Amsterdam.
“The demand for Spanning products continues to grow rapidly as the use of Office 365, G Suite and Salesforce increases in organizations of all sizes. We’ve seen the market recognize the importance of SaaS data protection, not only against loss but to satisfy growing compliance regulations,” said Chad Savoy, general manager, Spanning. “By joining with Kaseya, we gain the ability to bring our exceptional data protection and recovery products to more organizations around the world, as we continue to focus on helping all of our customers overcome their most pressing SaaS data and compliance challenges.”
With Kaseya Office 365 Backup, MSPs will be able to take advantage of recurring revenue opportunities and significant margin potential within their Office 365 customer portfolios. As the fastest-growing SaaS business product in history, Office 365 offers massive opportunity for IT service providers.
“As one of the top IT service providers in the US for the past 25 years, the transformation of businesses to Office 365 has been unprecedented,” said Chuck Bubeck, CEO of Ease Technologies. “The ability to backup and restore Office 365 data is critical and the combination of Kaseya and Spanning provides us with the ability to differentiate our offerings to meet this rapidly growing business need.”