For immediate release

Open Storage Solutions® Inc Acquired by iVedha

 

Brampton ON, June 27, 2019 – Open Storage Solutions® Inc, a leader in data management and protection, has announced that it has been acquired by iVedha. iVedha is a Canadian technology innovator, that has been often reported in Profit Magazine as one of the Top 50 Canadian emerging companies, and Top Canadian companies.

“Open Storage Solutions has been a leading provider in storage and data protection for forty-years,” said Kumar Ratnam, Founder and CEO of iVedha. “This acquisition is a result of our mutual respect and shared beliefs; our corporate cultures and technology visions are aligned. Open Storage Solutions provides iVedha customers with an edge in specialized services around threat management, ransomware and regulatory privacy compliance (GDPR) by delivering lower cost, improved security, and greater scalability of cloud-native services.”

This combination of two strong Canadian technology companies will enable Open Storage Solutions to provide iVedha’s next-generation, award-winning cloud platform Aytra, an innovative infrastructure technology for simplifying, securing and managing corporate data and platforms, to the Open Storage Solutions broad base of North American enterprise customers.

The future of the enterprise is cloud-based, and iVedha brings next-generation, managed cloud services and hybrid cloud offerings, with over 10 years of cloud expertise. Aytra, a game-changing API cloud orchestration platform is a result of iVedha’s journey as a service provider navigating the challenges of building a services-centric revenue model for cloud services. Aytra is designed for service providers to more easily adopt, service and support cloud technologies across several providers.

“We’ve always put our customers first,” said Andrew Betterton, who will continue in his role as CEO of Open Storage Solutions. “Our customers’ needs are at the forefront of this acquisition. These are two great Canadian companies, coming together to give our clients next-generation cloud back up and disaster recovery.”

“Open Storage Solutions will continue to operate independently,” said Kumar. “It will be the same, but better. Same great service, same great company and people, but the technology is more advanced and offers better options for customers to take advantage of cloud-consumption models. The potential for data solutions on-demand and streamlined operations will skyrocket.”

About Open Storage Solutions

Open Storage Solutions®, Inc has been designing and integrating advanced storage products and high-performance, high-availability data protection for over 42 years. The company has a total commitment to providing the very best value solutions by utilizing leading edge technology and backing it with a high level of after sales service. Open Storage Solutions provides data storage, data backup, data protection and data management solutions, as well as provide Professional Services. Open Storage Solutions has offices throughout North America.

About iVedha

iVedha is a Next Generation CSP (Cloud Solutions Provider). iVedha’s cloud services help companies Build, Manage, Connect, Govern & Support their infrastructure by adopting digital transformation across multi-cloud technologies – Public cloud (AWS, Azure, Google) & Private/Hybrid clouds. Established in 2001, iVedha is proudly Canadian company that has been featured repeatedly in Profit Magazine's Top 50 Canadian emerging companies and Top 100 Canadian companies.

About Aytra

Inc. Aytra, a related iVedha company, has developed a unified orchestration platform for multi-cloud infrastructure and connectivity. Aytra’s hybrid cloud orchestration platform is designed for service providers to generate new sources of revenue by adopting cloud technologies across several providers, https://youtu.be/0ytcSOKm-mk