Recovery Point Systems announces acquisition of Geminare
- Published: Tuesday, 02 November 2021 09:47
Recovery Point Systems, an Abry Partners company and a provider of cloud-based business resilience services, has acquired Geminare, a global resiliency, application, and data protection innovator headquartered in Toronto, Canada.
Recovery Point Systems says that Geminare, one of the first industry innovators in orchestration and automation, brings maturity, capability, and reliability across virtually all disaster recovery, business continuity and DRaaS technologies with its globally recognized Resiliency Management Platform (RMP).
Geminare’s platform helps enterprise organizations automate their entire resiliency footprint from applications and infrastructure to drift management and cyber resiliency. It was ranked an industry leader in the 2020 Gartner Market Guide for DRaaS.
“Traditional providers don’t incorporate cross platform or heterogeneous capabilities like the Resiliency Management Platform which places Geminare in a class by themselves,” noted Tony Rossabi, CEO of Recovery Point Group Holding Company. “Geminare provides true automated application resilience, which is what the marketplace needs. In addition, the platform allows Recovery Point to expand its offerings and enhance its DR solutions. We look forward to working with the Geminare team and expanding the exceptional business they’ve built.”
“We’re excited to join the Recovery Point Systems team, a long time partner and leader in the marketplace,” said Joshua Geist, CEO of Geminare. “With the investment capabilities of Recovery Point, the Resiliency Management Platform has the ability to expand and accelerate into new market opportunities and deliver these powerful capabilities to a broader set of clients."
The synergy between Recovery Point’s resiliency expertise and Geminare’s world-class software innovation and delivery capabilities will positively influence Recovery Point’s strategy of continued convergence around connectivity, automation, and integration with the goal of continuing to serve existing clients and expanding to new enterprise clients globally. The acquisition puts Recovery Point Systems ‘in the unique position of a leading disaster recovery solutions provider with its own cutting-edge resiliency software platform’.
The Geminare Resiliency Management Platform remains the most patented resiliency platform in the market today.