Ongoing Operations Acquires Teneros

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Ongoing Operations, a leading provider of business continuity & disaster recovery services to hundreds of financial institutions, has acquired Teneros, the provider of a High Availability and Disaster Recovery solution for Microsoft® Exchange.

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We have seen the value of the product firsthand and saw a real opportunity to further develop Teneros.

Ongoing Operations, a leading provider of business continuity & disaster recovery services to hundreds of financial institutions, has acquired Teneros, the provider of a High Availability and Disaster Recovery solution for Microsoft® Exchange.

"As a former re-seller of Teneros, we had a number of existing clients depending on the solution," said Kirk Drake, President of Ongoing Operations. "We have seen the value of the product firsthand in actual recovery situations and saw a real opportunity to further develop Teneros and put the appropriate client support resources in place."

Through the acquisition of Teneros, Ongoing Operations gains world-class Microsoft® Exchange expertise and the ability to deepen its existing support structure. Teneros clients can also benefit from Ongoing Operations wider array of service offerings and partnership approach to client support.

"I'm extremely pleased to join the Ongoing Operations team," said Rajeev Gabbita, Vice President, Product Development and formerly Teneros' Director of Software Development. "We are all excited about the potential for enhancing the Teneros service and renewing the commitment to future development for our clients."

Clients currently using the Teneros solution can continue to utilize the existing 1-88-Teneros-1 support line or contact Ongoing Operations directly with their support needs. Unified teams are already collaborating to help clients with all of their Teneros product requests and wider Ongoing Operations solutions needs.

Ongoing Operations was formed in 2005 to help businesses continue to operate under any circumstance and is owned by a group of the financial institutions we serve. Today, we provide complete business continuity solutions to over 130 clients nationwide and operate three world-class business continuity centers. Our Hagerstown, Maryland; Longmont, Colorado; and Phoenix, Arizona facilities currently consist of over 80,000 square feet of alternate workspace and state of the art data center space. The facilities are configured to house 750 employees and are managed to the highest standards including SAS 70/PCI compliance and high availability through redundant power sources and redundant, private 10 GBs connectivity.

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