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Online File Storage and Sharing Company Hightail Acquires Cloud-managed Private Collaboration Solution Provider adeptCloud


September 18, 2013
by Staff Writer




In an environment where 77% of businesses suggest they are worried about the possibility of employees using non-secure cloud services, online file storage and sharing company Hightail has acquired cloud-managed private collaboration solution provider Adept Cloud, Inc. Previously known as "YouSendIt", Hightail purchased adeptCloud to strengthen its security, control and privacy capabilities, enabling the company to provide customers the highest level of security possible.

Established in 2004, Hightail was one of the original providers offering email with the capability of attaching large files. Its services are utilized by 43 million registered users in 193 countries. 98% of Fortune 500 companies use its solutions. Established in June 2011, Adept Cloud established the first cloud-managed private collaboration solution.

"At Hightail, we don't believe professionals should have to compromise superior user experience to gain the security and control they deserve, explained Hightail's CEO, Brad Garlinghouse. "Team adeptCloud takes this to an entirely new level. Together we'll build on our long history of delivering security and control with a continued commitment to provide the most elegant and easy-to-use experience."

Do you know of any other companies involved in acquisitions? Let us know the details. Add your comments below?







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