Zix (NASDAQ: ZIXI)has acquired CloudAlly in order to add backup solutions for products including Microsoft Office 365 and Google Workspace to its portfolio.

“As the coronavirus pandemic will ensure many of us are working from home for the foreseeable future, enterprise companies have had to rapidly analyze their infrastructure, technological and security postures, and remote access capabilities.

With such an unexpected and rapid transition to remote working for many employees, cloud services, systems, and reliable backup options are important to keep operations as stable as possible at least until the crisis ends — and to this end, Zix has decided to break into the backup market.”

Conclusion: 

“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,” commented David Wagner, Zix CEO. “With CloudAlly, we can greatly enhance our Secure Cloud platform and also mitigate concerns around ransomware which has become a large industry focus.”