Today, DoubleTake Software announced the acquisition of our sister company, Sunbelt System Software (SSS).
To put the acquisition into context, it helps to understand our corporate framework: French-based Sunbelt International Group owns two companies: Sunbelt Software (which I run) and Sunbelt System Software (run by Jo Murciano).
Unlike Sunbelt Software, SSS is a pure distributor of other company’s products. They develop nothing. They are basically a sales, technical support and marketing organization. They distribute our products into Europe, but their primary focus is distributing DoubleTake Software’s products.
So for us, this is a logical acquisition, given that Sunbelt System Software was a close partner of DoubleTake Software and was heavily focused on selling that company’s product line.
This acquisition means that we now will be setting up our own European distribution channels.
For now, nothing changes. SSS will still continue to support and sell our products. We will start a methodical transition over the coming months so that our European activities are fully managed by us, right here in Clearwater.
The bottom line is that this is good news for us, and I'm excited by what the future holds for us in Europe.