Managed cloud and security firm CSI Group has acquired Tectrade, a provider of data protection and risk management solutions.
The acquisition will strengthen CSI’s cloud services offering and allow the Group to expand into the USA.
Tectrade protects, recovers, manages, stores and secures petabytes of data for organisations around the world.
Simon Payne, CEO of CSI Group, said: “Tectrade is a strong and strategic acquisition for us, providing additional depth of expertise in data protection which will deliver significant benefit to our clients. It also offers us the exciting prospect of expanding our services into the USA, which Alex Fagioli, CEO of Tectrade, will head up."