Double-Take Software

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Double-Take Software, Inc. (NASDAQ: DBTK), a publicly listed company, develops software that reduces downtime and protects data for business-critical systems in Microsoft server environments and also more recently on Red Hat Linux and VMWARE ESX servers.

The company was founded in 1991 as NSI Software, Inc. and changed its name in March 2006 to Double-Take Software, Inc.[1] The company is headquartered in Southborough, Massachusetts with primary R&D offices in Indianapolis, Indiana. Other offices are located in Hoboken, New Jersey; Worcester, England; and Paris, France.

Double-Take Software acquired Sunbelt System Software in May 2006,[2] TimeSpring Software in December 2007 [3] and emBoot, Inc. July 2008 [4]

Double-Take filed for IPO in August 2006,[5][6] and began trading on December 15, 2006 with 7.5 million shares released to the public at $11 per share.[7]

On May 17, 2010, Double-Take entered into a definitive merger agreement to be acquired by Vision Solutions, Inc., a portfolio company of Thoma Bravo, LLC.[8] The acquisition was finalized on July 23, 2010. [9]

See also

Virtual machine
Disaster Recovery
Business Continuity

References

  1. ↑ (March 22, 2006). "NSI Becomes Double-Take". Byte and Switch
  2. ↑ (May 31, 2006). "Double-Take Software Acquires Sunbelt Software". Byte and Switch.
  3. ↑ (December 26, 2007). "DBTK Double-Take Software Acquires TimeSpring". MSN Money.
  4. ↑ (July 28, 2008). "Double-Take(R) Software Acquires emBoot, Inc.
  5. ↑ SEC Filing
  6. ↑ (August 11, 2006). "Double-Take Software Announces IPO". Mass High Tech: The Journal of New England Technology
  7. ↑ Taulli, Tom. (December 19, 2006). "Double-Take Software goes Public". The Motley Fool.
  8. ↑ (May 17, 2010) Vision Solutions to acquire Double-Take Software
  9. ↑ (July 23, 2010) Vision Solutions finalized its acquisition of Double-Take Software

External links

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