Storiant Corporation Engages SASI to Sell the Company
Boston, MA (PRWEB) October 07, 2015 -- Storiant Corporation, an innovator in long-term, compliant data storage, today announced it has retained Strategic Advisory Services International, LLC (SASI) to sell the company.
Storiant is an on-premise/private cloud data storage system that reduces the cost of storing petabytes of data by as much as 90 percent. Inspired by the way Facebook, Yahoo and Amazon operate data centers optimized for ultra-low cost and infinite scalability, Storiant delivers the first way to achieve these same efficiencies in a secure private data center. With Storiant companies can retain data behind a firewall for $.01 per gigabyte per month, a price point previously achievable only with less secure public clouds. It delivers the lowest total cost of ownership (TCO) of any disk-based storage solution at petabyte scale and above. The Storiant economic model opens the door to the next wave of big data solutions, plus solves the greatest cost control challenges facing private data centers today.
Wherever there is a need for ultra-low-cost data storage for big data analytics, long-term retention and compliance, the answer is Storiant. The product meets data immutability and compliance requirements by supporting industry standards such as SEC rule 17a(4), FINRA, and HIPAA. These features make Storiant ideal for use in financial services, government, media, healthcare, pharmaceuticals and data center services. Storiant is tested and operating in several enterprises within these industries and was named one of Gartner’s “Cool Vendors in Storage” for 2015.
Storiant has primarily been focused on software development and recognizes that market penetration through channel development can best be achieved by joining with a strategic partner. While seeking a strategic partner, Storiant plans to maintain its current customers and continue investment in the development of the Storiant product.
Please direct inquiries to John Rotchford, Managing Director at SASI, Phone: +1-760-944-3522, e-mail: john(at)sasillc(dot)com.
About Storiant
Storiant is a privately held, venture-backed company based in Boston, MA. The company develops and markets the Storiant scale-out object storage solution, complete with a NAS gateway to allow existing applications to work seamlessly with its object storage system. More information is available at http://www.storiant.com.
About SASI
SASI is a boutique M&A advisory firm focused on serving private, venture-backed technology companies. The firm is led by John Rotchford, a 20-year technology veteran with a unique blend of investment banking, strategy consulting, corporate development and start-up experience. John has worked at leading technology investment banks SVB Alliant and Jefferies Broadview and brings industry insights through strategy roles at Iomega, Compaq and EDS. Please visit http://www.sasillc.com for more information.
Kyle Coffee, InkHouse, +1 (781) 966-4130, [email protected]
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