Online Tech acquires global cloud infrastructure business

Online Tech, a provider of secure, compliant private, hybrid and multi-cloud solutions for service providers, channel partners and enterprise organizations, announced that it has acquired the Infrastructure as a Service (IaaS) and data protection assets and products of IT provider Neverfail, the company said.

The acquisition, which includes Neverfail´s five cloud nodes and assets in North America, Europe and Asia-Pacific, significantly increases Online Tech´s geographic footprint and its ability to serve direct customers while adding tens of thousands of new end-users through extensive channel programs.

As part of the transaction, the two companies have entered into an ongoing strategic partnership in which Online Tech will become Neverfail´s preferred cloud provider for their software solutions. The acquisition and agreement allows Neverfail to focus exclusively on software while partnering with Online Tech to provide the cloud infrastructure for compliant sensitive customers requiring a high level of confidence in their cloud solutions.

Online Tech is the provider of secure, compliant hybrid and multi-cloud solutions for service providers, channel partners and enterprise organizations. Their industry-leading portal, OTPortalâ„¢, enables clients to view and manage all of their IT systems in a single pane of glass. For more information, visit www.onlinetech.com.

Neverfail enables IT to meet or exceed service level agreements by providing continuous availability to applications, data and infrastructure. This is done by providing bulletproof-technology, industry-leading experience, and a complete dedication to customer success.