Sector(s): Data & Analytics
Status: Exit to Iron Mountain for $117MM

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Company

A leader in PC back-up and Recovery Systems Acquired by Iron Mountain, Inc.¬†Connected Corporation was the leading provider of storage software for automated protection, archiving and recovery of distributed data and was acquired by Iron Mountain, Inc.The company’s powerful, yet easy-to-use solutions helped customers protect and centrally manage data from desktop and laptop PCs, Windows servers and email systems, while eliminating costs and burdens associated with capturing and recovering highly distributed data. Customers ranged from mid-size businesses to more than 600 of the world’s largest corporations, including Boeing, Deutsche Telekom, EDS, EMC, Hewlett-Packard, SAP, Schlumberger and Toyota. The company’s solutions were offered as a subscription service or as licensed software. Connected was based in Framingham, Massachusetts, with multiple U.S. and international offices.