Services Provided: Transaction
TimeSpring provides continuous data protection software that gives IT administrators the ability to “rewind” and “fast-forward” their data and recover to the moment before an unwanted change. The granularity of operational recovery extends to the application-level, which allows users to see application data in native format so they can easily recover from any point in time.
Headquartered in Southborough, Massachusetts, Double-Take® Software (Nasdaq: DBTK) is a leading provider of affordable software for recoverability, including continuous data replication, application availability and system state protection. Double-Take Software products and services enable customers to protect and recover business-critical data and applications such as Microsoft Exchange, SQL, and SharePoint in both physical and virtual environments. With its unparalleled partner programs, technical support, and professional services, Double-Take Software is the solution of choice for more than ten thousand customers worldwide, from SMEs to the Fortune 500. Information about Double-Take Software’s products and services can be found at www.doubletake.com.
SASI had existing relationships with TimeSpring’s management and over the years, SASI shared market and technology perspectives with them. SASI had intimate knowledge of the core continuous data protection (CDP) solution and the strategic options facing TimeSpring. SASI drove the process from identification and selection of potential strategic acquirers through negotiations and critical deal points in the purchase agreement. Keys to success included understanding TimeSpring’s core technology and value proposition, where it fits within the market and within existing storage architectures.