February 18, 2014

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Living Well
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

V3 Systems to be Acquired by Sphere 3D Corporation

Press Release

February 18, 2014

Salt Lake City — Sphere 3D Corporation has entered into a definitive agreement to acquire V3 Systems, Inc. Founded in 2010 and based in Salt Lake City, Utah, V3 provides desktop cloud management solutions. V3 is the creator of the Desktop Cloud Orchestrator ("DCO") software.

"This acquisition will quickly add breadth to our overall product portfolio, and fast tracks our transition to commercial operations with accretive revenue from day one," said Sphere 3D's CEO Peter Tassiopoulos.

Sphere 3D has been working closely with V3 for several months and began shipping V3 appliances to customers in January. Sphere 3D and its global licensee, Overland Storage Inc., have expanded their relationship to include the V3 offering and will embed some of Overland's Network Assisted Storage (NAS) and Clustered Storage technology within the product suite to create new Software Defined Storage capability.


 

Utah Business Social
UB Events View All
Fast 50 Utah Business Event
Aug 27, 2015
The top 50 companies will be selected based on a combination of revenue growth and revenue genera...
Job Summit - POSTPONED UNTIL FALL 2015 Utah Business Event
Sep 24, 2015
NOTE: The date listed below is not secured. We will update as the event gets closer. Thank you ...
Community Events View All
Critical People Management Skills for First-time Managers
Jul 30, 2015
Employers Council, a trusted non-profit employers association, is proud to present Critical Peopl...
Instant Motivation With Your Brain
Jul 30, 2015
Where Could You Use More Motivation? We often get really excited about something and start off ...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel