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Tech Aquisitions: Data Storage Buys SafeData

June 30, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Data Storage Corp. (OTCBB: DTST), a provider of electronic data storage and protection solutions, has acquired SafeData, a technology company focused on helping companies protect their data, minimize downtime and recover and restore data quickly.

By acquiring SafeData, Data Storage expands its current solutions, which include data backup and recovery , digital archiving, virtual hosting and standby data recovery, e-discovery, email archiving and hosted exchange to the IBM iSeries market leveraging SafeData's high availability, data recovery and telecom recovery solutions.  

SafeData will operate as a division of Data Storage, remaining in Warwick, Rhode Island and continuing to serve its existing clients with its SafeData/HA, SafeData/DR and SafeData/TR products.  

Peter Briggs will continue as president of the SafeData unit and will hold the position of executive vice president with Data Storage Corporation. Larry Putterman, chairman of SafeData will serve on the Data Storage board of directors.  

New York-based Data Storage offers and supports a range of solutions focusing in electronic data storage and protection. The company markets to business, government, education, and the healthcare industry, providing hardware, Software-as-a-Service, managed IT services, installation, and maintenance.

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