iStorage Group acquires Kanguru Solutions because it wants to expand its security offering
As demand for cybersecurity solutions continues to rise in response to complex threats, iStorage has made a strategic move to boost the encrypted data storage landscape with the acquisition of Kanguru Solutions.
iStorage is probably best known for its PIN-authenticated, hardware-encrypted portable data storage and cloud encryption devices, and Kanguru for offering secure hardware-encrypted devices and advanced duplication and remote management capabilities.
The company says the acquisition will enable iStorage to offer an expanded product offering, giving customers greater flexibility and security when managing sensitive data across multiple devices.
Improving global security offerings
“This acquisition is transformational for iStorage and reinforces our commitment to delivering ultra-secure, flexible and affordable data management solutions,” said John Michael, founder and CEO of iStorage.
“By joining the iStorage family, we can extend our encryption and storage solutions to a broader audience, especially in the Americas. Together we will drive innovation and redefine the possibilities in data protection,” said Nate Cote, Managing Director of Kanguru.