Rentsys Recovery Services, a US-based provider of comprehensive and integrated disaster recovery solutions has announced that it has acquired IT-Lifeline, a provider of comprehensive disaster recovery and compliance testing solutions for the financial services industry.
The acquisition came about through a prior strategic partnership between the two companies in which IT-Lifeline offered Rentsys’ business continuity services. IT-Lifeline’s BlackCloud, a compliance-focused vaulting, testing and recovery solution, will be incorporated into Rentsys’ disaster recovery offerings. Rentsys will also retain IT-Lifeline’s support team, which brings a wealth of knowledge regarding regulatory requirements as well as cloud technology.
“This acquisition expands our product offering and enhances our ability to meet the evolving business continuity and compliance needs of our customers,” said Walt Thomasson, managing director of Rentsys Recovery Services. “IT-Lifeline’s BlackCloud along with the recent addition of RCM enhances our ability to deliver business continuity solutions that ensure our clients will have access to their critical business functions if a disaster or outage does occur.”