Skip to content
11:11 Systems
Rethink Connected
11:11 Systems11:11 Systems
  • Why 11:11
    • Submenu
      • Column 1
        • Cloud Console
          Cloud Console
          Compliance
          Compliance

      • Column 2
        • Global Regions
          Cloud Regions
          Catalyst
          Planning and Assessment

      • WHY CHOOSE 11:11
      • Overview
      • Leadership
      • News & Media
      •  
      • Careers
      • Technology Partners
      • Customer Stories
  • Products & Services
    • Products & Services
      • CLOUD
      • Cloud Overview
      • Public Cloud
      • Private Cloud
      • Object Storage
      • Cloud Labs
      • Colocation/Bare-Metal
      • BACKUP
      • Backup Overview
      • Veeam Backup
      • Microsoft 365 Backup
      • Managed Backup for Cohesity
      • DISASTER RECOVERY
      • DRaaS Overview
      • DRaaS for Veeam
      • DRaaS for Zerto
      • DRaaS for Azure
      • Autopilot
      • SECURITY
      • Security Overview
      • Continuous Risk Scanning
      • Managed SIEM
      • Managed EDR
      • Managed Firewall
      • CONNECTIVITY
      • Connectivity Overview
      • SD-WAN
      • Multi-Cloud Connect
      • Managed IP
  • Solutions
    • Solutions Submenu
      • INDUSTRY
      • Education
      • Financial
      • Government
      • Healthcare
  • Partners
    • Partners Submenu
      • Overview
      • Become a Partner
      • Partner Portals
  • Resources
    • Resources Submenu
      • Events
      • Webinars
      • News & Media
      • White Papers
      • Podcast
      • Data Sheets
      • Customer Stories
      • Innovation Blog
  • Support
    • Support Submenu
      • Contact Support
      • Product Documentation
      • API Documentation
Search:
  • Console Login
  • Contact
Header Right Menu
Free Trial
  • Why 11:11
    • Cloud Console
    • Compliance
    • Cloud Regions
    • Planning and Assessment
    • WHY CHOOSE 11:11
    • Overview
    • Leadership
    • News & Media
    • Careers
    • Technology Partners
    • Customer Stories
    • Blog
  • Products & Services
    • CLOUD
    • Cloud Overview
    • Public Cloud
    • Private Cloud
    • Object Storage
    • Cloud Labs
    • Colocation/Bare-Metal
    • BACKUP
    • Backup Overview
    • Veeam Backup
    • Microsoft 365 Backup
    • Managed Backup for Cohesity
    • DISASTER RECOVERY
    • DRaaS Overview
    • DRaaS for Veeam
    • DRaaS for Zerto
    • DRaaS for Azure
    • Autopilot
    • SECURITY
    • Security Overview
    • Continuous Risk Scanning
    • Managed SIEM
    • Managed EDR
    • Managed Firewall
    • CLOUD CONNECTIVITY
    • Connectivity Overview
    • SD-WAN
    • Multi Cloud Connect
    • Managed IP
  • Solutions
    • INDUSTRY
    • Education
    • Financial
    • Government
    • Healthcare
    • Column 2
  • Partners
    • Overview
    • Become a Partner
    • Partner Portals
  • Resources
    • Events
    • Webinars
    • News & Media
    • Whitepapers
    • Podcast
    • Datasheets
    • Customer Stories
    • Innovation Blog
  • Support
    • Contact Support
    • Success Center
    • API Documentation
  • Contact
  • Console Login
  • Free Trial
Date: October 5, 2022

11:11 Systems to Acquire Recovery Business of Sungard Availability Services

Acquisition Will Establish 11:11 Systems as Leading Provider of Cyber Resiliency and Disaster Recovery Solutions

FAIRFIELD, NJ – October 5, 2022 – 11:11 Systems (“11:11”), a managed infrastructure solutions provider, today announced that it has entered into an Asset Purchase Agreement to acquire Sungard Availability Services’ (“Sungard AS”) Recovery Services business. The parties anticipate receiving bankruptcy court approval of the sale by mid-October, and the transaction is expected to close later this fall alongside 11:11’ simultaneous acquisition of Sungard AS’ Cloud and Managed Services (CMS) business.

Once completed, acquiring these two Sungard AS businesses will cement 11:11 as one of the largest and most experienced cyber resiliency and disaster recovery providers. At the beginning of 2022, 11:11 Systems announced the acquisition of both Green Cloud Defense and iland, two market leaders in the cyber resiliency and disaster recovery space.

Once the two Sungard AS acquisitions are complete, the combined resources, experience, talent, solution offerings and customer and partner ecosystems will be brought together to establish an in-depth, comprehensive and global cyber resiliency and disaster recovery practice within 11:11.

Further, the addition of Sungard AS’ infrastructure recovery, backup and vaulting, managed recovery and consulting services will perfectly complement 11:11’s cloud, backup, disaster recovery and managed security solution suite. This combination of solutions, services and expertise form the most complete cloud, recovery and resiliency offering available regardless of the customer use case or where data resides.

“We know that more than half of all companies today have experienced some sort of cyber-attack within the past 18 months. With these strategic acquisitions, 11:11 Systems is the best option on the market for helping customers of any size – no matter how simple or complex their needs are – prepare for and defend against cyber-attacks and other business interruptions,” said Brett Diamond, CEO, 11:11 Systems. “We are bringing together the market’s best players in cyber resiliency, harnessing their experience and strength and will add to it an innovation platform that will not only convey our combined customer ecosystem safely into the future, but also will optimize their environments for efficiency, cost and availability.”

Collectively, the companies integrating into the 11:11 Systems platform have been recognized for the following:

  • iland named a Leader and Sungard AS named a Visionary in key analyst report for Disaster Recovery as a Service
  • Sungard AS cited as a Leader and iland cited as a Strong Performer in key Disaster-Recovery-As-A-Service Providers report/li>
  • VMware Cloud Verified status achieved by Green Cloud, iland and Sungard AS
  • Veeam Cloud & Service Provider Impact Partner of the Year, North America: iland named in 2021 for the sixth time
  • Zerto Cloud Partner of the Year Award: iland named in 2020 for the fourth time
  • Zerto Alliance Partner – Gold Partner status achieved by iland and Sungard AS

Further Sungard AS has been recognized for the following:

  • Business Continuity Institute (BCI) Hall of Fame
  • Amazon Web Services Storage Competency Status, Managed Service Provider Partner Status, and Advanced Consulting Partner in the AWS Partner Network- Sungard AS

As a part of this transaction, 11:11 will gain a large team of highly skilled employees as well as 13 new cloud points of presence, which when combined with the 13 cloud points of presence included in 11:11’s acquisition of Sungard AS’ CMS business totals 26 new cloud points of presence for 11:11’s customers.

“Our goal is to enhance the cyber resiliency and disaster recovery team within 11:11 Systems by combining the best talent from the industry’s top data protection providers to expand options for our existing customers and blaze the path for business resiliency in the future,” said Justin Giardina, CTO, 11:11. “The well of experience, expertise and solution excellence is deep, and we intend to fully optimize this unique opportunity to the benefit of our customer and partner ecosystem.”

11:11 is backed by Tiger Infrastructure Partners, a middle-market private equity firm that invests in growing infrastructure platforms.

Q Advisors, a global TMT investment banking boutique, acted as exclusive financial advisor to 11:11 in connection with this transaction. Perkins Coie acted as legal advisor to 11:11. The terms of the transaction were not disclosed.

ABOUT 11:11 SYSTEMS
11:11 Systems is a managed infrastructure solutions provider that holistically addresses the challenges of next-generation managed cloud, connectivity and security requirements. The 11:11 model empowers customers and partners to “Rethink Connected,” which includes integrated services that deliver increased performance, optimization and savings. Learn more at 1111Systems.com.

ABOUT TIGER INFRASTRUCTURE PARTNERS
Tiger Infrastructure Partners is an innovative, middle-market private equity firm that invests in new and growing infrastructure platforms. Tiger Infrastructure targets investments in communications (digital), energy transition, transportation, and related sectors, primarily located in North America and Europe. For more information, visit www.tigerinfrastructure.com.

CONTACTS
Candice Mayan
[email protected]

PRODUCTS & SERVICES
  • Cloud
  • Backup
  • Disaster Recovery
  • Managed Security
  • Connectivity Solutions
  • Compliance
COMPANY
  • Why 11:11
  • Customer Stories
  • Careers
  • Leadership
  • Technology Partners
  • News & Media
  • Contact Support
CLOUD REGIONS
  • North America
  • EMEA
  • APAC
CONNECT
  • LinkedIn
  • Twitter
  • Facebook
  • Youtube

© 2023 11:11 Systems Inc., All Rights Reserved | Privacy Notice

Go to Top
PRIVACY POLICY AND COOKIE CONSENT
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}
PRIVACY POLICY AND COOKIE CONSENT
To provide the best experiences, we use technologies like cookies to store and/or access device information that allows us to process data such as browsing behavior. Not consenting or withdrawing consent, may adversely affect certain features and functions. By clicking Accept, closing this message, or continuing to browse, you consent to these technologies and accept our Privacy Notice.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}