Axway announces the acquisition of Syncplicity

Posted on: March 19th, 2019 by NewNet

Read original article here: http://www.businesswire.com/news/home/20170222006577/en/Axway-announces-acquisition-Syncplicity

PARIS – February 22, 2017 – Axway (Euronext: AXW.PA), a catalyst for transformation, today announced the all-cash acquisition of Syncplicity, a leading enterprise file sync and share (EFSS) solution that provides users with the experience and tools they need for secure collaboration. With the acquisition of Syncplicity, Axway will be able to further enhance the Axway AMPLIFY™ platform to transform the way modern enterprises collaborate and innovate across digital ecosystems and further heighten engagement with customers, employees and partners.

Syncplicity, located in the heart of Silicon Valley, was founded in 2007 and was owned by global investment firm Skyview Capital. More than 25,000 businesses and individuals across a wide variety of verticals rely on Syncplicity’s enterprise-grade file sync and share solutions to get more business value from their data within applications, databases or files, whether stored on-premise or in private or public clouds.

“As businesses continue to collaborate using cloud-based tools, it’s imperative that file exchanges and synchronization between individuals is a secure and seamless experience,” said Jean-Marc Lazzari, CEO at Axway. “Together, Axway and Syncplicity will create a one stop shop for digital shared services.”

“Syncplicity’s EFSS expertise and product excellence will complement Axway MFT solutions perfectly by encouraging and supporting greater collaboration among employees, partners and customers,” said Jonathan Huberman, CEO at Syncplicity. “The Syncplicity team is proud to join Axway to create the best possible outcomes for our customers.”

The details of the transaction are not made public.

To learn more about the acquisition and what it means for your business, click here.
Follow @Axway for additional information.

 

About Axway
Axway (Euronext: AXW.PA) is a catalyst for transformation. With Axway AMPLIFY™, our cloud-enabled data integration and engagement platform, leading brands better anticipate, adapt and scale to meet ever changing customer expectations. Our unified, API-first approach connects data from anywhere, fuels millions of apps and delivers real-time analytics to build customer experience networks. From idea to execution, we help make the future possible for more than 11,000 organizations in 100 countries. To learn more about Axway, visit www.axway.com.

About Syncplicity
Syncplicity is a leader in secure file sharing and collaboration solution. Over 25,000 businesses and individuals rely on us to deliver secure solutions with exceptional performance. We are proud to employ Silicon Valley’s best talent—people who are dedicated to, and even a bit obsessed with, redefining file sharing and revolutionizing the way we work. By leveraging our resources and inspiring our employees, we will continue to reinvent enterprise file sharing and collaboration through rapid product release and innovative design. To learn more about Syncplicity, visit www.syncplicity.com.

About Skyview Capital, LLC
Skyview Capital is a global private investment firm headquartered in Los Angeles, California, which specializes in the acquisition and management of mission critical enterprises in the areas of technology, telecommunications, business services and manufacturing. By leveraging its operational resources and financial acumen, Skyview systematically enhances the long-term sustainable value of the businesses it acquires. To date, Skyview has successfully completed over 25 transactions within its target market verticals. Visit www.skyviewcapital.com
Press Contact
Financial Communications, Axway
Sylvie Podetti, +33 (0)1 47 17 22 40
spodetti@axway.com

Investor Relations, Axway
Patrick Gouffran, +33 (0)1 40 67 29 26
pgouffran@axway.com

EMC’s Syncplicity Business to be Acquired by Skyview Capital; EMC Will Remain a Financial Stakeholder

Posted on: March 19th, 2019 by NewNet

Syncplicity to Accelerate Investment in Growth, Innovation and Enterprise Market Adoption

LOS ANGELES, July 7, 2015 – Skyview Capital, a global private investment firm, today announced that it has entered into a definitive agreement to acquire the Syncplicity® enterprise file sync and share business from EMC. EMC will retain a financial interest in Syncplicity.

Syncplicity is a leading, enterprise-grade online file sharing and mobile collaboration solution that provides users with experience and tools they desire and gives IT the security and control it needs. Unlike other solutions that force users to store all information in the cloud, Syncplicity gives organizations unmatched flexibility through its hybrid approach. With Syncplicity, IT departments can create rules based on user, group or folder policy to determine whether files should be stored in the cloud or in an on-premise storage array.

Following its acquisition three years ago by EMC, Syncplicity has emerged as a growing standard for companies in a wide variety of industries such as technology, health care, financial services, education, law and engineering services. In addition to broad customer adoption, Syncplicity has been named a leader in both “The Forrester Wave: File Sync and Share Platforms, Q3 2013” and Gartner’s 2014 Magic Quadrant for Enterprise File Synchronization and Sharing.

“Syncplicity’s best of breed, flexible hybrid solution coupled with its tremendous growth under EMC, made this investment decision an easy one for us. Under our ownership, Syncplicity will maintain its leadership position in this market through the rapid development of new capabilities and continued enhancement of end user experience. We are excited about EMC’s continued commitment to Syncplicity’s growth, and welcome Syncplicity’s employees and customers to the Skyview family,” said Alex Soltani, Chairman and CEO of Skyview Capital.

“Syncplicity has redefined the expectations of file sync and sharing in the enterprise, changing it from an unauthorized rogue application that employees use without IT approval to one that is blessed by IT, easily integrates with a company’s existing investments in email, storage and collaboration solutions and delivers a great user experience,” said Jonathan Huberman, the CEO of Syncplicity upon closing of the acquisition. “By focusing exclusively on and investing heavily in this rapidly growing market, Syncplicity has an enormous opportunity to significantly accelerate product innovation, attract a broad ecosystem of partners and resellers and drive customer adoption.”

“Syncplicity experienced great momentum as an EMC business in a highly dynamic and hyper-competitive landscape,” added Jeremy Burton, President of Products and Marketing, EMC Information Infrastructure. “However, the standalone EFSS market is evolving rapidly; customers are continually looking for new end-user features and functionality to enable their increasingly mobile workforce. This is a step away from EMC’s core infrastructure strength. This move is designed to ensure that Syncplicity is adequately positioned for success in the evolving EFSS market and to enable EMC to increase our focus on core EMC Information Infrastructure investments. EMC remains a financial stakeholder and committed to Syncplicity’s growth. The EMC salesforce will continue selling Syncplicity as part of the EMC Select partner program and EMC will remain a large-scale Syncplicity customer.”

The transaction is subject to customary closing conditions and is expected to close this month. Specific terms of the transaction are confidential.

About Skyview Capital, LLC
Skyview Capital, LLC is a global private investment firm headquartered in Los Angeles, California, which specializes in the acquisition and management of mission critical enterprises in the areas of technology, telecommunications, business services and niche manufacturing. By leveraging its operational capabilities and financial acumen, Skyview systematically enhances the long-term sustainable value of the businesses it acquires. The Los Angeles Business Journal recently recognized Skyview as one of the top 25 private equity firms in Los Angeles. To date, Skyview has successfully completed over 20 transactions within its target market verticals. For further information, please visit www.skyviewcapital.com.

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