Zix Adds Backup And Recovery To Arsenal With CloudAlly Buy
Zix Corporation (Zix), (Nasdaq: ZIXI), a leading provider of cloud email security solutions has has expanded its product suite into Microsoft Office 365 backup with the purchase of cloud-based data backup and recovery provider CloudAlly. Zix will protect customers with Google Workforce, Salesforce, Box and Dropbox, with secure backup and recovery from any point-in-time with unlimited data retention
“With CloudAlly, we can now directly address the growing demand we’ve seen from partners, customers and prospects alike for an enterprise-grade cloud backup offering with a best-in-class solution,” Zix CEO David Wagner said in a statement.
The acquisition of CloudAlly is expected to help Zix mitigate concerns surrounding ransomware by entering the cloud backup and recovery market, which MarketsandMarkets said was a $ 1.3 billion space, growing 25%.
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