Double-Take Software

Double-Take Software, Inc. was acquired by private equity firm Thoma Bravo in 2010. It develops software that reduces downtime and protects data for business-critical systems in Microsoft server environments and also more recently on Linux and VMWARE ESX servers.

The company was founded in 1991 as NSI Software, Inc. and changed its name in March 2006 to Double-Take Software, Inc.[1] The company is headquartered in Irvine California with primary R&D offices in Indianapolis, Indiana. Other offices are located in Waltham, Massachusetts, Oakbrook Terrace, Illinois; Worcester, England; and Paris, France.

Double-Take Software acquired Sunbelt System Software in May 2006,[2] TimeSpring Software in December 2007 [3] and emBoot, Inc. July 2008 [4]

Double-Take filed for IPO in August 2006,[5][6] and began trading on December 15, 2006 with 7.5 million shares released to the public at $11 per share.[7]

On May 17, 2010, Double-Take entered into a definitive merger agreement to be acquired by Vision Solutions, Inc., a portfolio company of Thoma Bravo, LLC.[8] The acquisition was finalized on July 23, 2010. [9]

See also

Virtual machine
Disaster Recovery
Business Continuity

References

External links

This article is issued from Wikipedia - version of the Wednesday, December 09, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.