Monday, December 21, 2009

Plasmon Inc. Announces Successful Completion of Private Equity Buyout

Newly formed Plasmon Holding LLC appear today that it has completed a administration buyout and authoritative restructuring of assets from Plasmon PLC, a trusted antecedent of abstracts archiving systems for over 20 years. The transaction is advised to capitalize and re-position Plasmon over the continued appellation to accomplish its cardinal objectives as a baton in the rapidly growing action archiving solutions market.

Plasmon Holdings LLC is a new privately-held US-based Delaware Corporation backed by a US clandestine disinterestedness firm. The new captivation aggregation has acquired Plasmon Inc in the US and specific assets endemic by UK-based Plasmon PLC in adjustment to aggressively accompany new technology and go-to-market strategies and aerate Plasmon bazaar allotment in the continued appellation abstracts accumulator market. The new aggregation will advance the use of the Plasmon casting character and is committed to globally acclamation the accepted and approaching needs of all Plasmon’s common barter and partners.

“This transaction is the change of the cardinal action that we began beforehand this year. Plasmon has aberrant bookish acreage and an incomparable amount hypothesis with which to abode the rapidly growing charge for archiving as a amount band of the IT infrastructure,” said Steven Murphy, CEO of the new company. “We are extensive above our acceptable role as the abysmal annal ‘component’ of broadly acclimated agreeable administration applications to accommodate complete annal turnkey solutions. Our anew appear focus on ‘3-2-1 Archive Best Practices’ for accessible and defended abiding abstracts accumulator provides absolutely what the action IT bazaar is analytic for: at atomic 3 individual instance abstracts copies, on 2 types of media, 1 of which is removable, abiding and powered down. With this approach, our barter accompanying accommodated all their business needs for actual and anchored agreeable data, including accelerated access, actual abiding defended retention, and adversity recovery, all in an economical solution,” said Murphy.

“It is arresting that a accord of this acceptation in the accumulator bazaar was brought to accomplishment during this bound banking environment” said Brian Babineau, chief analyst at Enterprise Strategy Group. “However, our analysis suggests that the charge for abiding accumulated abstracts accumulator will drive barter to annal over 100 exabytes of abstracts over the next three years, so it may not be remarkable. Plasmon offers a different affiliation of alluring disk, abiding optical media and archival administration software to abode this challenge.”

Under the restructuring, Plasmon Inc, aforetime a US-based accessory to the UK company, will become the common headquarters. The “new” Plasmon will action its bazaar arch archiving solutions and casework in all all-around territories. The aggregation affairs to use its new alignment and costs to enhance its amount Archive Appliance band-aid and advantage its afresh appear relationships with NetApp, IBM-FileNet, and a ambit of market-leading agreeable administration ISV’s.

About Plasmon Inc.
For added than 21 years, Plasmon technology has addressed the abiding abstracts accumulator needs of over 6,500 barter and 17 thousand installations in 56 countries. Plasmon annal solutions are advised to accommodate an easy-to-use archival accumulator ambiance area abstracts is accompanying accessible, protected, and accessible admitting failure, disaster, or years of inactivity. Plasmon is focused on abiding archiving, alms barter the adeptness to administer abstracts growth, abate operational aggravation and cost, and abate risk. Plasmon Inc is headquartered in Colorado Springs, Colorado with offices globally. For added information, appointment www.plasmon.com.

Plasmon and UDO are registered trademarks of Plasmon Holding LLC.

Media Contacts:

Mark Rieger
ProAmericas Marketing & Public Relations
markr@proamericas.com
303-520-4524

Patrick Dowling
VP Global Marketing
Patrick.Dowling@Plasmon.com
703-402-7853

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