Sungard Availability Services (Sungard AS) announced on May 3rd that it has completed its prepackaged Chapter 11 restructuring after its acceptance by the US Bankruptcy Court Southern District of New York.
ContinuitySA, the Africa based provider of business continuity and resilience services, turned 30 in March. Over the course of its three decades of business, the company has seen huge changes in technology and business practice
Fairchild Resiliency Systems has announced the appointment of Nicole Hoyle, MBCP, CISA to the position of director of business continuity and disaster recovery.
KPN, a Dutch landline and mobile telecommunications company and iland have announced a partnership that will see iland's DRaaS solutions made available to new and existing KPN business customers.
Sungard Availability Services has officially confirmed that the company will enter a ‘pre-packaged’ Chapter 11 bankruptcy filing on or around May 1st 2019. With over 75 percent of the secured lenders and over 85 percent of the noteholders already committed to vote to accept and/or support the plan, the company expects to emerge from bankruptcy very shortly after filing.
North America based provider of business continuity and recovery solutions, Agility Recovery, has announced the acquisition of Preparis, an emergency notification solutions provider.
Asigra Inc., a cloud backup, recovery and restore software provider has highlighted recent data from industry analysts showing that significant growth is predicted in the market for cloud-based backup and recovery solutions.
Regional newspaper, the Philadelphia Inquirer, is reporting that Sungard Availability Services plans to file for bankruptcy reorganization. According to the publication Sungard AS ‘expects to detail its plans in public statements Tuesday [April 2], and hopes to be in and out of bankruptcy with the approval of its creditors later this month’.
QuorumLabs Inc., a global provider of 1-click, instant recovery and data protection solutions, has announced updates to its MSP channel program in the Americas.
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Business continuity can be defined as 'the processes, procedures, decisions and activities to ensure that an organization can continue to function through an operational interruption'. Read more about the basics of business continuity here.
