Nov 10, 2020
In the Media
" Israel’s CloudAlly acquired by Zix in a $30 million deal"
CloudAlly, Israeli cloud-based data backup and recovery announced that it had been acquired by Dallas-based email security provider Zix Corporation in a $30 million cash deal.
“The Israeli company develops enterprise-grade secure cloud backup software to protect essential assets. Its solution will enable Nasdaq-traded Zix to expand its product suite and incorporate it into Microsoft Office 365 backup.”
“A comprehensive data protection plan is more important than ever as companies around the world are focusing on cybersecurity for their remote workforce,” said Avinoam Katz, CloudAlly’s Chief Executive Officer. “This suite of services will give our rapidly growing combined customer and partner base around the world the tools they need to protect their critical cloud assets across an evolving distributed workforce.”