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Management and Investor Group Take Majority Ownership of Novastor Companies
1 pages
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associate5
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NovaStor is a leading international provider of software solutions for data backup
and data protection.
Simi Valley, CA July 03, 2009 -- NovaStor?s management has joined a group of
investors to assume majority ownership of all NovaStor...
[Plus]
NovaStor is a leading international provider of software solutions for data backup
and data protection.
Simi Valley, CA July 03, 2009 -- NovaStor?s management has joined a group of
investors to assume majority ownership of all NovaStor companies from Novavisions
AG.
Within the framework of the transaction, the management team will share majority
ownership of all NovaStor companies with an investor group.
Novavisions will remain
an important minority shareholder.
This management and investor acquisition of majority ownership underscores a
belief that NovaStor has a bright future and is well-positioned in the global
market for data protection.
No strategic changes are planned as a result of the transaction.
Under the
direction of Stefan Utzinger, CEO, and Mike Andrews, Managing Director USA, the
company?s strengths will be further enhanced, and market opportunities will be
identified and targeted faster.
Quality and reliability remain the key focus of any further development.
At
[Moins]
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